MORE (@EnjoyCapitalism) on getquin

2Yr·

Opinion for $UMI

🚀 Bullish

ARTE once again knocks one out 🚀

This time it's about whether sustainable funds are just greenwashing. If you want to save yourself 51 minutes: the answer is yes.

https://youtu.be/82T6S0rZTUM

11 Comments

Stefan@InvestmentPapa

2Yr

All in all, unfortunately, nothing new for me. But worth seeing of course for all interested. Incidentally, this is exactly one reason why I avoid explicit ESG stories, but also SRI. I see here exceptionally the politics (and even on EU level) in responsibility. As long as all interest groups, scientists and well-founded analysts do not jointly define an ESG-SRI standard, which is unchangeable, investment houses and the like will define standards according to their own rules. And I certainly don't want that. For me, this is a no-go. Politics and the public consensus are the deciding factors, which have to find a moral-ethical-social and ecological consensus and not exclusively companies, which connect their own interests with it. And such things, like the sudden classification of previously ESG-incompatible things like weapons and nuclear power into suddenly ESG-compliant constructs, I find really impossible and indiscussable. And as long as it is done like this, ESG/SRI is not a decisive feature for an investment for me.

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Bud Fox@budfox

2Yr

Well meant is not well done. For me, the ESG stamp has always had a bad taste. I'd rather do my own research than blindly trust a symbol. I'm going to continue enjoying Rheinmetall now. ❤️😁

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Derebete@Derebete

2Yr

surely "only"? well, the fact that esg as an example doesn't fit/fit many things has long been clear, but I would assume that there was a core to it

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Gaylord@Gaylord

2Yr

Whoever believes that
is beyond help

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