Moritz (@leveragegrinding) on getquin

Moritz

@leveragegrinding

1Yr·

The ESG ETFs are relatively random and make no sense from a return perspective is nothing new.

But after looking at the positions from one of the ETFs, questions arise as to what this is good for...

My favorite position in Vanguard's ESG global all cap with an 80billion market cap is. $NESTLE 😂

I wonder how many of the retail investors buying these ETFs have never looked at the positions?

(Why not just rename it random big cap, then at least

at least you know what is being bought)

#esg
#greenwashing

32 Comments

Mister_ultra@Mister_ultra

1Yr

It's a bit like selling indulgences or Sebastian Vettel voting for the Greens. Do what you want in everyday life, but buy an ESG fund and you're among the good guys who save the world. Best medicine for your conscience.

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Max@WirecardCFO

1Yr

Well, but since ESG is also the least stringent standard, Nestle is generally not wrong either. ESG does not claim that every company makes the world a better place. But as soon as oil, weapons, coal and co. are removed, one has already cleaned up a lot. I don't understand the criticism of being bothered by 0.6 percent Nestle now.

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GeldmitKopf@cashwithhead

1Yr

I bought an ESG fund. Not because of the ESG criterion, but because the values were chosen so that they have pleased me. Pair of values had been missing but Nestle apple etc. was in it. Edit: with values missing is the comparison to the similar product without ESG meant

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Enrique@Der_Dividenden_Monteur

1Yr

I would not have counted Carnival Corp as an ESG stock now either 😂 Plus the entire Japanese & Korean defense sector with $7011 and $329180

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Beat The Bank@randomdude

1Yr

Where does the assumption come from that ESG-filtered ETFs have worse returns than the unfiltered ones. In recent years, the opposite has been true, as tech stocks have been considered "clean", stayed in, and driven performance. Example: https://extraetf.com/de/etf-comparison?etf=IE00B4L5Y983,IE00BZ02LR44,LU1291108642

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Mor@Mo1111

1Yr

Nestle is the absolute pioneer of CSV concepts The image as an evil corporation is just 20 years old

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Mor@Mo1111

1Yr

https://scholar.google.de/scholar?q=creating+shared+value+nestle&hl=de&as_sdt=0&as_vis=1&oi=scholart#d=gs_qabs&t=1689011478767&u=%23p%3DbiObg-CnxAkJ

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Mor@Mo1111

1Yr

All the steps that Nestlé took since 2006 are analysed to explain why and how did Nestlé successfully change the image of the company while increasing the total pool of value created, which is divided in both economic and social value along its entire value chain.

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User03@User03

1Yr

Ey Sebastian Vettel is a sensitive topic with me, could immediately start vomiting at the double standards 🫣

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