You can agree or not with this article, but I am sharing it to highlight few points for considerations:

  • How can an oil and gas company or a water intensive company (beverage company) be ranked high in sustainability. Someone may say why not if these companies are generating 100% renewable energy and recycling 100% its waste. Then I say the problem is in the definition of what make a sustainable company and sustainable business model.
  • Should the ESG criteria for investing be similar in all markets? If we assume beverage companies are OK to operate in countries with plenty of water, this does not mean this company should operate in countries where people walk for 3-10 kilometres to get water?
  • https://www.bloomberg.com/news/articles/2018-12-18/exxon-great-marlboros-awesome-how-esg-investing-lost-its-way

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