Tag: environmentalism
-
The Truth About ESG: A Coordinated Cartel or a Sustainable Movement?
A general counsel from a Fortune 500 company recently shared with me a common narrative that many senior corporate executives have experienced regarding ESG (environmental, social, and governance) standards enforced by a network of large funds and NGOs. Companies that have enjoyed years of spectacular returns boosted by their growing use of energy renewables and…
-
The Environmental, Social, and Governance (ESG) Movement: An Organized Cartel or Progressive Environmentalism?
A Fortune 500 general counsel recently confided in me after a conference, sharing a common narrative among senior corporate executives regarding the Environmental, Social, and Governance (ESG) standards enforced by a network of big funds and nongovernmental organizations. Companies that use energy renewables and lead in carbon-emission reductions expect positive ratings for the “E” element.…