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The plan: ESG funds will invest in defense companies to make the weapons required to fight wars with hostile regimes we buy energy from, because ESG funds won't invest in energy companies.
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just indicative of how esg framing has always been broken: backwards looking; massively subjective to the moment's political whim; rewards compliance reporting and box-checking at the expense of rewarding prospective impact.
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Tesla deserves to be treated as an ESG Champion; the fact that it isn’t is proof that ESG is just another exercise in greenwashing. Tesla scores about the same with 100% EVs as Toyota does (a company that estimates that 85% of its cars will still have tailpipes in 2030)… 🤡
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