How ESG Metrics Work And Why All Investors Should Care

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Personal Finance Insider

Personal Finance Insider

Күн бұрын

"The Conscious Investor" is presented by Nuveen.
Martin Kremenstein, head of retirement and ETF solutions at Nuveen, explains how ESG metrics serve as an indicator of quality and can be used as a risk management tool.
According to research from MSCI, companies in the bottom ESG quintile have been twice as likely to suffer a catastrophic loss (over 95% cumulative loss) within three years.
MSCI downgraded Equifax to the lowest ESG rating on cybersecurity concerns a year before the data breach was announced.
Kremenstein says that Facebook was excluded from Nuveen's NuShares ESG Large-Cap Growth ETF from the time it launched in December 2016. He explains, "it scored relatively poorly, compared to other tech companies over data privacy concerns."
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Пікірлер: 536
@nicholasmanning9802
@nicholasmanning9802 2 жыл бұрын
He just grouped nuclear power in with gambling companies, tobacco, and alcohol. WTF??
@rickpalmer9518
@rickpalmer9518 2 жыл бұрын
ESG Another Woke leftard operation based on politics-Tesla kicked out of index,ohh because Elon Musk called democrats what they are
@danielrdrigues
@danielrdrigues 2 жыл бұрын
LoGiC, ESG the new social credits 🤪
@cantaloupe7296
@cantaloupe7296 2 жыл бұрын
I'm not 100% sure but i think they were grouped together because they're the types of companies that are often extracted during "negative screening" which picks out the type of businesses ppl want to avoid investing in because they're controversial or because of issues like human rights violation. for ex. nuclear power is most commonly sourced by uranium which is extracted through uranium mining (also needed for nuclear weapons) which has broad range of issues like radioactive waste with stays dangerous for thousands of ears, miners exposed to carcinogenic dusts and materials. gambling companies are screened out because it apparently increases gambling addiction and instead of helping the local economy it burdens it as problematic gambling increases with locals, and (according to different sources) suicide rate among different addictions is highest for people with gambling addiction. Regardless of all the environmental impacts, Tobacco companies are seen negatively because tobacco causes many types of cancers. Extended us of alcohol also causes all kinds of health problems. Essentially he grouped them together in the context of the ESG investment framework which ppl like to consider during investment when ESG factors are important to them and theses companies tend to fail many of these competencies.
@Chuck68ify
@Chuck68ify Жыл бұрын
That's the only answer that will, actually, WORK!
@Chuck68ify
@Chuck68ify Жыл бұрын
@@cantaloupe7296 I see, you should bone up batteries, they don't grow on trees. Children mining cobalt is very PC.
@AskRemy
@AskRemy 3 жыл бұрын
This is ultimate control. This scoring will determine if individuals can get loans or participate in commerce
@lancedooley7558
@lancedooley7558 3 жыл бұрын
It's what the left always wanted. This will be our downfall by this propaganda.
@Sanerah
@Sanerah 2 жыл бұрын
esg scoring only applies to businesses
@luciawiltzius4734
@luciawiltzius4734 2 жыл бұрын
@@Sanerah for now. If you google ESG you can already score yourself and businesses are already tracking individual scores but say they are only " tracking them for information"
@joshwheeler9700
@joshwheeler9700 2 жыл бұрын
Tell that to the people of China
@enricopallazzo3244
@enricopallazzo3244 2 жыл бұрын
Yup. Just learning of this. Pulling my money from Wells Fargo and using a local credit union today.
@barisba.
@barisba. 2 жыл бұрын
The speaker speaks slowly when telling normal things but speaks extremely fast when telling important details or terms, so that I sense a sinisterness there. Thanks to this guy, I'm now thinking how bad ESG is.
@oliverfasola19
@oliverfasola19 2 жыл бұрын
Invest with your values, I want a portfolio with a negative ESG
@nunyadambidniss
@nunyadambidniss 2 жыл бұрын
FLING IT.
@pnamie3712
@pnamie3712 2 жыл бұрын
Me too! ESG sucks.
@perilousintent2936
@perilousintent2936 Ай бұрын
Add STRV ETF then. It's by an anti-esg SPY tracker by a previous presidential candidate runner Vivek Ramaswamy. STRV includes Tesla, Since the S&P 500 kicked Tesla out of its index for terrible ESG score. Vivek Ramaswamy is very much against ESG when he ran for presidential election.
@arthurfoyt6727
@arthurfoyt6727 2 жыл бұрын
ESG scores are irrelevant at best, evil at worst. The worst thing is that a very small group of people gain control over the monetary system.
@stn7172
@stn7172 Жыл бұрын
They already do just making it more obvious
@shway1
@shway1 Жыл бұрын
they already have control. this is just the private sector trying to pre-empt government action that would actually solve problems. it's not additional evil, it's just business as usual in unregulated financial instruments. just look at the involvement of credit ratings agencies in the 2008 financial crisis. the people calling this some evil tyrannical liberal plot are psychotic conspiracy theorists
@charlesterrizzi8311
@charlesterrizzi8311 Жыл бұрын
Since they control retirement funds (yes like the mafia used to) they are far from harmless.
@sten260
@sten260 7 ай бұрын
yup this is central planning, 0.0001% push some sort of "ESG score" on 99% to control them and this will absolutely have disastrous long term economic impact
@qwertyqart
@qwertyqart 3 жыл бұрын
Divesting from nuclear - how stupid is moving away from most green of the tech
@johndough23
@johndough23 2 жыл бұрын
It's all politics.
@charlesmiller5345
@charlesmiller5345 2 жыл бұрын
I agree with all those who think this is a crock of shite. We have eco conscious green loving security conscious companies now, the customer wins and determines the type of company and success . Everything the interviewee stated is already taken care of. No more government intervention
@williamtiffee3799
@williamtiffee3799 2 жыл бұрын
Centralized "planning" by elite bloodliner narcs and psychos, behind closed doors... is as WASTEFUL and destructive, as it gets. (Socialism, Communism and Fascism, for e.g.) A PRS staged "power grab" under the guise of Social- engineered "environmentalist inclusivism," is "lipstick on an Animal Farmed" IH$ cult PIG... 1984- Brave New World Matrixed, mind, body and soul(less) Fascist totalitarian "global(ist) NWO prison planet, noone with a half a brain and ANY "common sense" is going to go along with. Not even in: Russia, China, NK, etc. This is going to get interesting, soon! ;-)
@eliyahuguttman1698
@eliyahuguttman1698 2 жыл бұрын
Did I hear him correctly??? Divesting from nuclear??????? That’s absurd. It’s literally the cleanest energy
@chrisi112345
@chrisi112345 2 жыл бұрын
The cleanest energy? With all the deadly waste? Please explain...
@deenzmartin6695
@deenzmartin6695 2 жыл бұрын
@@chrisi112345 if you need this to be explained to you, you need to rethink your entire life.
@tylersawyer9837
@tylersawyer9837 2 жыл бұрын
Because it doesn’t build Chinas economy. That’s why they don’t like nuclear. They love China they have complete control over their citizens and that’s what they want for the world
@msr9042
@msr9042 2 жыл бұрын
@@chrisi112345 there is no deadly waste
@chrisi112345
@chrisi112345 2 жыл бұрын
@@msr9042 then what do we need dry cask storage for, and why are people trying to find solutions to store nuklear waste underground for thousands of years?
@Pyovali
@Pyovali 2 жыл бұрын
West's own version of the social credit system
@lizadonrex
@lizadonrex 2 жыл бұрын
esg score is woke score
@MaryOlson7
@MaryOlson7 6 ай бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@MaryOlson7
@MaryOlson7 6 ай бұрын
@@sojakia Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@MaryOlson7
@MaryOlson7 6 ай бұрын
@@sojakia Alice Marie Coraggio
@MaryOlson7
@MaryOlson7 6 ай бұрын
Lookup with her name on the webpage
@Patricia-Margaret
@Patricia-Margaret 6 ай бұрын
@@sojakia Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy
@kgrimm5576
@kgrimm5576 3 жыл бұрын
Is it just me or does this seem extremely dangerous in the particular social/political climate we're in?
@lancedooley7558
@lancedooley7558 3 жыл бұрын
Yep. This is all indoctrination leftist virtue signaling since they can't win at real science now they will enforce this.
@springerworks002
@springerworks002 3 жыл бұрын
From what I understand, that is the point?
@kgrimm5576
@kgrimm5576 2 жыл бұрын
@@springerworks002 point being that this will be abused in every way possible? Do as we say or not meet your days pay?
@Starius2
@Starius2 2 жыл бұрын
It's literally communists promoting communism. It's America's version of the social credit score
@SpockvsEgon
@SpockvsEgon 2 жыл бұрын
It literally helped to create the environment we are in.
@marcoquiroz3558
@marcoquiroz3558 2 жыл бұрын
This is what conservatives call corporate wokeness. The more virtue of a company can signal, the more its ESG value increases
@calelsuper2725
@calelsuper2725 2 жыл бұрын
Glen Beck had a Chinese woman on saying wokeness is communism .
@vibhorejaiswal2997
@vibhorejaiswal2997 2 жыл бұрын
This kind of thing will end the concept of free market.
@jorden9821
@jorden9821 2 жыл бұрын
@@vibhorejaiswal2997 lol what free market?
@yoshitheonly
@yoshitheonly 2 жыл бұрын
@@vibhorejaiswal2997 Yeah because having the added freedom to choose companies that support your values is in any way different from what we're already doing? How does that make any sense.
@curte7739
@curte7739 2 жыл бұрын
@@calelsuper2725 Glenn's new book on the great reset also gets into ESG scores it's evil all this crap is evil ESG scores is akin to a social credit score for a company and it needs to be stopped.
@IndyRockStar
@IndyRockStar 3 жыл бұрын
You're witnessing the end of Capitalism and the truly Free Market! Adam Smith R.I.P.
@ice04h
@ice04h 2 жыл бұрын
Great diversification
@anneliu3816
@anneliu3816 2 жыл бұрын
To be fair, the system have had a pretty good run since 18th century. It's about time humans race do something for themselves. This includes you, me and 98% of population on Earth.
@GunManGunHand
@GunManGunHand 2 жыл бұрын
@@anneliu3816 then you don't mind jumping into the wood chipper first.
@evanwilliamson3602
@evanwilliamson3602 2 жыл бұрын
Free markets gone. Long gone!
@jodismitsanderson7457
@jodismitsanderson7457 Жыл бұрын
The market has never ever been free. It has always been subsidized to get to the results government wants, and, ideally, government represents the people.
@shelbythedon
@shelbythedon 3 жыл бұрын
Shareholders will be replaced by stakeholders, you left that out. What will ALL the people who have invested for decades get? Nothing.
@yoshitheonly
@yoshitheonly 2 жыл бұрын
I'd say you clearly don't know how business works, but your username gave it away for me.
@ramsal6013
@ramsal6013 2 жыл бұрын
Let me get this straight, if somebody found the cure for cancer but did not want to contribute to the environment or the social justice warrior causes, they would have a low score right?
@BeFree510
@BeFree510 2 жыл бұрын
Exactly
@richier8898
@richier8898 2 жыл бұрын
Yes. For example CocaCola Co. has high ESG rating and all they mostly contribute to weight gain and diabetes :D Also Lockheed Martin was named to the DJSI, which include top companies in the S&P Global Market Index based on best-in-class ESG benchmarks and they sell mostly military aviation and missiles. ESG scores are joke.
@yoshitheonly
@yoshitheonly 2 жыл бұрын
How is this entire comment section filled with absolute idiots?
@pnamie3712
@pnamie3712 2 жыл бұрын
Exactly. Which is why Tesla just fell out of the S&P threshold for ESG. It doesn't mean anything. In fact, I think Tesla is just disliked by certain powerful people that's why it fell out. ESG is a scam.
@ChelleX3ism
@ChelleX3ism 8 ай бұрын
@@richier8898i guess we all have a choice in choosing whats in our diet right
@MisterDoctorAustin
@MisterDoctorAustin Жыл бұрын
This aged well as our banks fail due to investing in ESG instead of profitability
@charlesterrizzi8311
@charlesterrizzi8311 Жыл бұрын
ESG is also the driver of trans marketing efforts, like Dyldo muhlvaney. Companies actually get points for doing edgey stuff like that
@Individual_Lives_Matter
@Individual_Lives_Matter 2 жыл бұрын
More “well-intentioned” central planning.
@SuperKpill
@SuperKpill 2 жыл бұрын
Complete and utter insanity
@phillip1519
@phillip1519 Жыл бұрын
The Independent Sentinel reported that, thanks to ESG strategies, investment in oil and gas companies dropped from 59 funds with a total of $46 billion in 2015 to 11 funds with a total of $4.6 billion in 2021. The loss in investment capital has contributed to reduced production and higher prices at the pump.
@ivansolomatian7679
@ivansolomatian7679 Жыл бұрын
Lol Please American quit Harvard and get a job. The top 5 countries in the world that raised there score are all in collapse. They have no food.
@jodismitsanderson7457
@jodismitsanderson7457 Жыл бұрын
Which is what needs to happen! We cannot afford, at any price, to continue use of fossil fuels. ESG helps us highlight companies that truly are protecting our future state.
@ericsanjuan4901
@ericsanjuan4901 Жыл бұрын
They are already planning on making private ownership of car and houses illegal, killing small family farms and working to have us eat insects while they eat steak. These are closet nazis. We American elect our politicians to create laws and policy. Unelected beaurocrats should NOT determine how we live. Thank God for the second amendment which protects our ability to have weapons and quickly form a "well regulated militia"
@ericsanjuan4901
@ericsanjuan4901 Жыл бұрын
In case anyone is confuse Illuminati you will own nothing and be happy agenda 2030 kzbin.info/www/bejne/f4qrhJybdpinjaM
@ericsanjuan4901
@ericsanjuan4901 Жыл бұрын
Coin bureau explains WEF great reset plan kzbin.info/www/bejne/bKCTY6h9jNqAepI
@MarrsAttax
@MarrsAttax Жыл бұрын
Here's a thought: maybe society's values should be decided democratically rather than by unelected corporate leaders?
@DagdasSoup
@DagdasSoup Жыл бұрын
So...have corporations got too much power?
@skysedgeproductions6170
@skysedgeproductions6170 2 жыл бұрын
Ok. ESG is part of great reset. I get it now.
@d.owczarzak6888
@d.owczarzak6888 11 ай бұрын
The great reset to Stalinism.
@charlesterrizzi8311
@charlesterrizzi8311 Жыл бұрын
To sum it all up, ESG is a social credit system
@adamsmith3413
@adamsmith3413 3 жыл бұрын
ESG funds are old wine in new bottles. They should be viewed with care. This speaker is a salesman.
@d.owczarzak6888
@d.owczarzak6888 Жыл бұрын
The speaker is a propagandist !
@LeonardoCostaUSA
@LeonardoCostaUSA 2 жыл бұрын
Hopefully that ESG thing doesn't pass! That would bring a huge mess and slavery to the hole population.
@LeonardoCostaUSA
@LeonardoCostaUSA Жыл бұрын
@Will Swift uhnn 🤔 It's better to understand if you what a video because if I write an explanation it's going to take several lines. If u watch 'Glenn Beck' KZbin channel u gonna understand very well. 👍🏻
@LeonardoCostaUSA
@LeonardoCostaUSA Жыл бұрын
@Will Swift the NWO is "inventing" a rating (ESG)to judge and say who is good or bad accordingly with their conception. So they can for example aprove ur company or not to take bank's money for investment based on your ESG rates. So we not going to be "good" based on performance but based on what ESG says what we are..
@guineveregruntle6746
@guineveregruntle6746 Жыл бұрын
ESG is political leverage to force conformity. Avoid businesses who employ this political pressure.
@ericsanjuan4901
@ericsanjuan4901 2 жыл бұрын
We need to pass a federal law banning ESG
@williamtiffee3799
@williamtiffee3799 2 жыл бұрын
We need to ABOLISH the centralizing Fascist Totalitarian's main means of dictatorial "governance." (i.e. Those UN subcorp. FEDs... are the main, problem.) And kick their BAR franchised "bylaws," to the curb. Let them "push harder," because the REAL "reset..." is coming. ;-)
@skengdo2458
@skengdo2458 Жыл бұрын
You cant beat the powerful Jews, who do you think has the most influence in the US government and the supreme court? The Jews.
@pliniojr95
@pliniojr95 Жыл бұрын
it won't happen. The government is backing up this bs.
@crapz2395
@crapz2395 Жыл бұрын
It would never get introduced in Congress. All of the politicians would have to agree to potentially lose backing from big corporations and investors💯
@Chuck68ify
@Chuck68ify Жыл бұрын
@@crapz2395 Oh yeah!
@spidgeb3292
@spidgeb3292 2 жыл бұрын
This is a corporate version of China's Social Credit Score: entirely subjective, and a stick to punish those who don't go along with the Approved Narrative.
@faisalsiregar9592
@faisalsiregar9592 2 жыл бұрын
Isn't it easier to just measure how success a company is based on how much profit that they make ?
@calelsuper2725
@calelsuper2725 2 жыл бұрын
It looks like a Chinese style soscial credit sytem this
@faisalsiregar9592
@faisalsiregar9592 2 жыл бұрын
@@calelsuper2725 and that is stupid system
@chrisi112345
@chrisi112345 2 жыл бұрын
You mean like amazon making profit but avoiding taxes and exploiting their employees? If that's good enough for you, then no one will stop you from investing.
@relaga3615
@relaga3615 2 жыл бұрын
ESG should not have a place at our workplace. Companies should make money and increase profitability for investors.
@southerntriplej8061
@southerntriplej8061 Жыл бұрын
this is the beginning of total control.
@knightf8648
@knightf8648 Жыл бұрын
Nike which runs sweatshops in Asia has better ESG score than Tesla.
@cherubin7th
@cherubin7th 2 жыл бұрын
So they now say that EXXON is the most environmental and social business of all. Very good metric indeed.
@MichaelJayValueInvesting
@MichaelJayValueInvesting 6 жыл бұрын
Interesting discussion of the potential reduced tail risk of ESG companies at 8:20. Just note that high ESG companies are not necessarily more likely as a whole to outperform a general market index.
@lumoncon
@lumoncon 6 жыл бұрын
Not always but quite often, we made a study of the top ESG performers in the Mexican market and they outperformed, it surely has some correlation to the best managed companies but it still pays off.
@Erowens98
@Erowens98 2 жыл бұрын
@@lumoncon that's because only high ESG companies have access to the resources needed for expansion.
@nunyadambidniss
@nunyadambidniss 2 жыл бұрын
NO SHIT, SHERLOCK :D It's a TOTALLY meaningless thing this "ESG". Hopefully, Some companies go out of their way to have as low an "ESG" score as possible :)
@llunaeldas8055
@llunaeldas8055 Жыл бұрын
This is pure stupidity.
@wrathofpaulii
@wrathofpaulii 2 жыл бұрын
This is basically China's social credit score system.
@hr-g4640
@hr-g4640 2 жыл бұрын
but the liberal woke version of it
@mitchwebster9079
@mitchwebster9079 2 жыл бұрын
No it’s not. Not even close
@shin-ishikiri-no
@shin-ishikiri-no 2 жыл бұрын
@@mitchwebster9079 They need to remove the "S" for Social in ESG before we can talk about the benefits. There's no reason the WEF should be influencing corporate cultures to fall in line from the top down.
@Mantikal
@Mantikal 3 жыл бұрын
"Lots of people have different views on what's more important. For some people it's around environmental, for others it's social and for others it's governance" - and then there's those weirdos (known as investors) for whom it's around ROI.
@donniedarko979
@donniedarko979 2 жыл бұрын
This is about control. Dangerous Dangerous path.
@gaozhi2007
@gaozhi2007 2 жыл бұрын
ah. I remember this Black Mirror episode!
@a675432100
@a675432100 Жыл бұрын
ESG is the new control tool. Investing in companies based on their values( wokeness) instead of their balance sheet
@mateoarzua7706
@mateoarzua7706 3 жыл бұрын
The Communist aspect of ESG , was never mentioned ……
@Jack-vo6bu
@Jack-vo6bu 2 жыл бұрын
Could you mention some of those communist points then? Genuinely curious
@raaaaaaaaaam496
@raaaaaaaaaam496 2 жыл бұрын
@@Jack-vo6bu this is very similar to the social credit system in China. It also judges companies based on how they “treat” their workers. Which I doubt has anything to do with actual economic benefit for the company but instead how “virtuous” they are.
@JonathanDGrim
@JonathanDGrim 2 жыл бұрын
Investing in private capital just Marx intended.
@Individual_Lives_Matter
@Individual_Lives_Matter 2 жыл бұрын
@@Jack-vo6bu it’s centrally planned social engineering utilizing the framework of “social justice”. Social justice is based on Intersectionality/CRT/identity politics/woke Victocracy. Philosophically, it’s an identity based redistribution of resources. In practice, it will be a ruling class getting richer while hiding behind a noble ideology (just like communism).
@CpsLock3
@CpsLock3 2 жыл бұрын
we found the core of wokness ESG, defund ESG!
@hexahexametermeter
@hexahexametermeter 2 жыл бұрын
It actually started in the universities and then the churches. Now the corporations.
@BabyBearRudy
@BabyBearRudy 3 жыл бұрын
I really appreciate the little animations
@ankitasaxena5891
@ankitasaxena5891 3 жыл бұрын
Didn't understand
@morningdew2594
@morningdew2594 2 жыл бұрын
This says 228 comments at the top but only three replies to only one comment.
@bjornhagman9848
@bjornhagman9848 2 жыл бұрын
I only see ur comment
@RoyArrowood
@RoyArrowood 2 жыл бұрын
@@bjornhagman9848 me too
@gargantuan6241
@gargantuan6241 2 жыл бұрын
ESG-far left, corporate authoritarianism is what I fear. I'm open to taking care of environment & society, but not at the expense of shaming companies or banning them from social media, or denying them loans just because they have a different political ideology. For now, I'm siding with freedom loving conservatives. ESG looks like far left, corporate authoritarianism.
@yoshitheonly
@yoshitheonly 2 жыл бұрын
We have the freedom to support businesses that care about diversity and the environment as well as not giving our money and support to companies that waste excessively or don't hire people of our identities. This is a free as freedom gets. Companies that people don't like will always get the boot 😂
@tylersawyer9837
@tylersawyer9837 2 жыл бұрын
@@yoshitheonly no this isn’t freedom this the erosion of freedom
@4ninesfine
@4ninesfine Жыл бұрын
@@yoshitheonlyyou hit the nail on the head. If I read your comment correctly, if your NOT part of ESG you are wasteful or discriminate. We have the ability to look into companies and see what their values are. We should define our own values and not let some global order do that for us. The ESG scoring model is not static. Who knows what ideologies could be forced on the company or its employees to retain these scores. This is very dangerous in my opinion.
@d.owczarzak6888
@d.owczarzak6888 11 ай бұрын
Stalinism on the march !
@mmabagain
@mmabagain Жыл бұрын
As an investor, I do care about ESG/DEI issues. I avoid them at all costs because I'd rather the companies I invest in focus on shareholders and not the weird politics of the week.
@angelayaung7417
@angelayaung7417 2 жыл бұрын
Ultimate control
@commentcritic400
@commentcritic400 2 жыл бұрын
Sugarcoat it as much as you want. This is woke fascism.
@d.owczarzak6888
@d.owczarzak6888 Жыл бұрын
Exactly !
@ArtieStrongManMusic
@ArtieStrongManMusic 2 жыл бұрын
Joe rogan anyone?
@daniel_joseph
@daniel_joseph 2 жыл бұрын
This is horrifying
@Benitoxx
@Benitoxx 2 жыл бұрын
So MSCI is the scoring data provider
@Starius2
@Starius2 2 жыл бұрын
So worthless people justifying being worthless, got it!
@fytubevw
@fytubevw 2 жыл бұрын
Nuclear power divestment. That's kind of kinky, because might actually shoot in the ankle.
@Individual_Lives_Matter
@Individual_Lives_Matter 2 жыл бұрын
That’s what happens when know-it-all central planners try to take over the market. It’s just a new Lysenkoism.
@Erowens98
@Erowens98 2 жыл бұрын
This sounds an awful lot like china's social credit system.
@johndough23
@johndough23 2 жыл бұрын
They talk about it like it's right. Like to hell with history and performance it's their way or the highway.
@venkateshprabhu336
@venkateshprabhu336 3 жыл бұрын
New con tactics 😝
@lancedooley7558
@lancedooley7558 3 жыл бұрын
Yep. For leftist to get money from helicopters. Modern Monetary Theory at its best.
@glfxfa5452
@glfxfa5452 2 жыл бұрын
Which companies evaluate ESG,?
@Individual_Lives_Matter
@Individual_Lives_Matter 2 жыл бұрын
Good question. Who determines what is “socially just”?
@calelsuper2725
@calelsuper2725 2 жыл бұрын
B corp is one . Ben and jerries are on the b corp certification scheme . They are scored using the b tek software produced by b labs . I believe b corp was created in the uk by two wealthy people. Their mission statement is to create a b ecoony alongside the normal one with the aim of it becoming the only one economy. Wankers.
@DF-ss5ep
@DF-ss5ep 2 жыл бұрын
Blackrock, I've heard.
@petarmiletic997
@petarmiletic997 2 жыл бұрын
@@Individual_Lives_Matter The people with disproportionatelly large noses, or so I've heard. Just look at the last name of the guy in the video
@_Phen_
@_Phen_ Жыл бұрын
@@DF-ss5ep Didn't it created it in the first place?
@AmazingKevinWClark
@AmazingKevinWClark 2 жыл бұрын
This is likely to idiotically cause an economic crash and it did. Shit is this also where the major push on gas prices is coming from as well??
@fren111
@fren111 2 жыл бұрын
in practice we have a bunch of incompetent companies putting gay flags to compensate for not being profitable
@chilledmoulestr7075
@chilledmoulestr7075 Жыл бұрын
i invest along my values of maximizing profit
@Kirnotsarg
@Kirnotsarg 2 жыл бұрын
6:00 Nuclear power classified as a sin?
@faisalsiregar9592
@faisalsiregar9592 2 жыл бұрын
They really love environment don't they ?
@patrickgregson8340
@patrickgregson8340 Жыл бұрын
Invest according to your beliefs or the beliefs of the people who set the criterion?
@hsechannelvn
@hsechannelvn 17 күн бұрын
It's very difficult to conduct Esg.
@bliptripmusic
@bliptripmusic 2 жыл бұрын
Nuclear is a sin but coal and oil are never mentioned. I can't think of a single reason why that could possibly be...
@shin-ishikiri-no
@shin-ishikiri-no 2 жыл бұрын
$$$$$$$
@jasonpark1556
@jasonpark1556 2 жыл бұрын
Why would I care about their environmental impact? I'm trying to retire without working myself to death, if you want to find my retirement go ahead but until then I'll just go with the best performing companie
@scottbowman6270
@scottbowman6270 Жыл бұрын
This whole thing sounds like out-of-control government to me. And a new entity, controlling way too much monetary power entity we have no control over.
@DavidTinxLall1978
@DavidTinxLall1978 6 жыл бұрын
✒ Modern Finance 😀 smart beta 🌟
@lastcall8286
@lastcall8286 3 жыл бұрын
This is other nonsense it's another two to use against individuals unheard of this legacy ecosystem it just gets me closer to crypto
@krb4179
@krb4179 2 жыл бұрын
Avoiding badly run companies or companies with serious sacandals huh... Blizzard Activaision must not count.
@davidsommerfield7739
@davidsommerfield7739 Жыл бұрын
ESG is a great tool for me. The higher tour score the less likely you will ever work for me.
@molex114
@molex114 10 ай бұрын
He saidyou can use ESG to assess a company to invest in wihout looking at the balance sheet WTF. Unless he meant look at the ESG score first and if they have a high score dont bother looking at the rest just avoid like the plague. Worked well for bud and target both companies i would never invest in
@joecoupon8299
@joecoupon8299 3 жыл бұрын
Is this why more have invested in cryptocurrencies?
@Individual_Lives_Matter
@Individual_Lives_Matter 2 жыл бұрын
Probably the only way out of the coming woke dystopia.
@williamdistefano5698
@williamdistefano5698 2 жыл бұрын
Woah woah woah. Stop right there with the poking of diversity in management. Managers by their very nature are selected as the best candidate for the job based on metrics of personal growth and responsibility... at the end of the process if there is a tie, knock yourself out with diversity. If this scorecard crap is in the way of profit, it's a losing proposition
@lindafarrell8250
@lindafarrell8250 Жыл бұрын
Could this be the reason China now owns 31 percent of our farmlands and buying pork processing plants, we will be hungry but they will eat okay.
@donjames7971
@donjames7971 2 жыл бұрын
Curiously, the visual demographics is gender-specific but 'caucasian' which is a subtle 'oversight', or is it ..?
@DinnerMintsOG
@DinnerMintsOG 2 жыл бұрын
Just says no to esg
@glennabate1708
@glennabate1708 Жыл бұрын
ESG is unconstitutional.
@iblackbeard
@iblackbeard Жыл бұрын
What's the mission of those pushing this totally controlling framework?
@Endymion766
@Endymion766 Жыл бұрын
where did ESG come from? Who decided this has to exist now? it sounds like some vague nebulous thing that's not really needed and I would like to know where it comes from.
@HappyBear376
@HappyBear376 Жыл бұрын
This is maddnes.
@nhantiger4726
@nhantiger4726 Жыл бұрын
Great Green Economy
@rizzo9197
@rizzo9197 Жыл бұрын
ESG = How woke people can lose money in the stock market and still maintain a false sense of accomplishment and wokeness 😢
@shway1
@shway1 Жыл бұрын
then why is it that if I google SNP 500 ESG index performance, the ESG version has been doing significantly better?
@ericsanjuan4901
@ericsanjuan4901 Жыл бұрын
Look into what is happening to the Dutch farmers
@stoplogicmotorsports
@stoplogicmotorsports 2 жыл бұрын
Essentially corporations are developing a social credit system like China now. /sarcasm I'm sure this is going to be a net benefit to the consumer /end sarcasm
@wanderalmeida9584
@wanderalmeida9584 4 жыл бұрын
Thanks from Brazil.
@norabickfordhill7978
@norabickfordhill7978 Жыл бұрын
TIAA? Teachers Investment?
@zanewoodward4822
@zanewoodward4822 2 жыл бұрын
This is sickening !!
@SteveW84
@SteveW84 2 жыл бұрын
In Australia - Hey Dad - he got out of jail - and at the same time Australia has a gas shortage - is there a connection - hey dad - where is the fkin gas ya chunt? ha ha I have a fair bit of gas myself! come around and I ll hook you up!
@acropolisnow9466
@acropolisnow9466 2 жыл бұрын
Communism.
@Soggy-Soy-Toy
@Soggy-Soy-Toy 3 жыл бұрын
The is scary and will only hold down everyday people
@Marinealver
@Marinealver 2 жыл бұрын
Forget Sesame Credit
@juimhatre1094
@juimhatre1094 Жыл бұрын
SOBA made me watch this😮‍💨
@bugoutbubba3912
@bugoutbubba3912 2 жыл бұрын
We need an app. Conservatives need to start their own scoring system. We could call it the FAIL score. A score based on Freedom, Autonomy, Independence and Liberty. A high score representing businesses, banks and people which aren't tied to government, racism or compliance with a liberal "social contract". A low score would lead us away from businesses and banks which support or take part in anti-capitalism, anti-family policies, anti-American activities, Civil Rights infringement or affirmative action practices. We can beat them at their own game and we should.
@theApeShow
@theApeShow Жыл бұрын
ESG is nightmarish. Locales will be negatively impacted, while a few chosen "winners" will temporarily be shored up, while the long term downtrend of the industry continues. Likely by design, incentivizing to control, subverting both the legislation and economics.
@Vtxra23
@Vtxra23 2 жыл бұрын
Wow! These companies wont survive a year!
@geoffoutdoors
@geoffoutdoors Жыл бұрын
ESG Companies will be boycotted
@d.owczarzak6888
@d.owczarzak6888 Жыл бұрын
6 months later, YOU WERE RIGHT !
@geoffoutdoors
@geoffoutdoors Жыл бұрын
@@d.owczarzak6888 👍
@OscarGarcia-wz3bi
@OscarGarcia-wz3bi Жыл бұрын
Wasn’t ESG partially responsible for what happened to Sri Lankan?
@elultimotartario7247
@elultimotartario7247 Жыл бұрын
Should care... If you want to get broke.
@iamthemoss
@iamthemoss 2 жыл бұрын
This is very disturbing. It's amazing how stupid humans are.
@ejsmith7626
@ejsmith7626 2 жыл бұрын
China has been playing like this for awhile.
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