ESG is a good "nice to have" when interest rates are low and borrowing money is practically free. But when rates rise or in times of an economic downturn it all falls by the wayside. Sure, everyone focuses on the 'E', the environmental aspect which is good. But for social, and governance there are actual laws that cover these things. As an investor, I want a meritocracy, not forced diversity. Hire the best person for the job. If person A negotiated a higher salary than person B for the same job title why does that drop a company's ESG score? I want to invest in a company that will bring a return on my investment without breaking the law.
Very detailed and clear introduction, thanks!
Glad it was helpful!
Very clear and precise, thanks 😊
Thanks for watching!
ESG is a good "nice to have" when interest rates are low and borrowing money is practically free. But when rates rise or in times of an economic downturn it all falls by the wayside. Sure, everyone focuses on the 'E', the environmental aspect which is good. But for social, and governance there are actual laws that cover these things.
As an investor, I want a meritocracy, not forced diversity. Hire the best person for the job. If person A negotiated a higher salary than person B for the same job title why does that drop a company's ESG score? I want to invest in a company that will bring a return on my investment without breaking the law.
Really helpful👍
Martinez Carol Jackson Nancy Walker Edward
Companies must contribute to pollution control.
Companies must contribute to pollution control.