“The US Securities and Exchange Commission has resisted adopting measures that some investor groups have proposed. Hester Peirce, one of the commissioners, has been openly disdainful of the ESG trend, describing it as ‘labelling based on incomplete information, public shaming, and shunning wrapped in moral rhetoric preached with cold-hearted, self-righteous oblivion to the consequences, which ultimately fall on real people.’”Financial Times
April 26, 2020
“I don’t believe the indexes. They are using self-reported data.”
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