Mr. Musk is not pleased with the S&P ESG diktat:
— Elon Musk (@elonmusk) May 19, 2022
Elon Twitter home (a quick scroll for the rest)
He obviously needs to read Climateer Investing's archives:
ESG: The Swiss National Bank May Be Forced To Sell Some Stocks
The great thing about ESG is that the definitions are so vague it can be practically anything you want it to be.
This is one of the reasons the largest of the asset gatherers, the BlackRock's of the world, and the indexers, the S&P's, are so attracted to those three little letters, they want to be the arbiters of what can carry the imprimatur.
It's also a very au courant product to sell.
That was October 2020. There are many more.
