Judd Legum

@JuddLegum ↗

Deleted No

Hibernated No

Last Checked June 24, 2022

Created

Thu Jun 09 12:31:55 +0000 2022

Likes

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Judd Legum @JuddLegum

3. Most funds rely on third parties that assign ESG ratings to corporations. The most popular rating service is MSCI "Almost 90% of the stocks in the S&P 500 have wound up in ESG funds built with MSCI’s ratings." https://t.co/Hmtp3mtqeJ — PolitiTweet.org

Posted June 9, 2022

Preceded By

Judd Legum @JuddLegum

@elonmusk 2. ESG stands for "environmental, social, and governance." But what kind of stocks are included in ESG funds? There are no rules. The fact that a company's stock is included in an ESG fund can mean virtually anything. https://t.co/Hmtp3mtqeJ — PolitiTweet.org

Posted June 9, 2022

Followed By

Judd Legum @JuddLegum

4. In other words, nearly every stock is an ESG stock. How does this happen? MSCI doesn't measure the impact a company has on the earth and society. It measures the potential impact of the world on the company. https://t.co/Hmtp3mtqeJ — PolitiTweet.org

Posted June 9, 2022