ESG Ratings Are Not What They Seem

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Published 2021-12-20
MSCI, the largest ESG rating company, doesn’t even try to measure the impact of a corporation on the world. It’s all about whether the world might mess with the bottom line.

#ESG #Storylines #BloombergQuicktake
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All Comments (21)
  • ESG is why every company went woke at the same time. They care more about institutional investors than customers.
  • So, basically one rainmaker like Blackrock can control the entire planet politics with ESG and without going into details or without talking to anyone in personal, pretty brilliant.
  • @TNCelt1
    This is some really terrifying, Orwellian stuff.
  • @Oscarnnanna
    This video is brilliant. Companies hide behind ESG without meeting the main goals of what ESG was created for.
  • I want a list of companies that aren't complying with the ESGs so that I can use their products and services.
  • @HandlewasNo
    These bloomberg QT are some of the most enlightening videos on the world of finance, I always learn something new or at least obtain a new perspective. PLEASE continue this high quality content!!
  • @BruinChang
    So, ESG is just a trick to get a higher MSCI credit for a company.
  • @ninjaartist1235
    ESG is just another term for social credit score. And no, you cannot change my mind.
  • @myyota767
    Call your state legislators and tell them you are against ESG Scoring and they need to make laws against it being used
  • @rectilon4233
    Glad to see a major media network call out a major financial influencer
  • @FirstLast-lm8tf
    We should be rating companies for other more important things, like how healthy are the products they are selling.
  • @abelzoni2138
    If an ESG score is subjective and unregulated, why would it have any value with investors?
  • @zodder13
    This was one of the best bloomberg pieces ever. Keep it up reporters, i respect reporters even more now.
  • @realAfrican
    I refuse to believe that the average Joe or average business owner pushed for the ESG ratings
  • @jeffstarrunner1
    It's just a way to oppress those that aren't loyal to your sick goals, or that could be competition.
  • Confirming my suspicion that ESG is just another corporate gimmick.
  • Fabulous! Thank you for the info. I love this style of mini docs.