Non trovato

2Anno·

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 Commenti

Stefan@InvestmentPapa

2Anno

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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MORE MONEY BOY 🤑@EnjoyCapitalism

2Anno

@InvestmentPapa The same game as always: politicians set the framework conditions and companies and the financial world try everything at their disposal to maximize profits and meet current demand, which currently includes sustainable investments. If politicians do not set clear rules or offer ways of circumventing them, it is the duty of companies to exploit this in order to remain economically competitive and act in the interests of their shareholders.

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Bud Fox@budfox

2Anno

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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MORE MONEY BOY 🤑@EnjoyCapitalism

2Anno

@budfox Rheinmetall is at least doing something for the environment by fighting the biggest polluters 🚀

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Derebete@Derebete

2Anno

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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MORE MONEY BOY 🤑@EnjoyCapitalism

2Anno

@Derebete if there are no clear standards and rating agencies can award green labels at their own discretion, it's like food companies printing their own made-up green logos on packaging that mean everything and nothing

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