Judd Legum

@JuddLegum ↗

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Last Checked June 24, 2022

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Thu Jun 09 12:43:05 +0000 2022

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Judd Legum @JuddLegum

8. Bloomberg recently looked at 155 ESG ratings upgrades between 1/20 & 6/21. Only ONE upgrade cited reducing emissions as the primary reason 51 companies received upgrades for "governance" improvement, including banning activity that is already a crime https://t.co/Hmtp3mtqeJ — PolitiTweet.org

Posted June 9, 2022

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Judd Legum @JuddLegum

7. @McDonalds got an upgrade because of the "installation of recycling bins at an unspecified number of locations in France and the U.K." This reduced the company's regulatory risk in those countries, which require recycling. https://t.co/Hmtp3mtY4h — PolitiTweet.org

Posted June 9, 2022

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Judd Legum @JuddLegum

7. @BlackRock is one of the biggest players in the ESG industry. One of BlackRock's funds, ESG Aware, largely tracks the S&P 500 except ESG Aware is "more heavily weighted in 12 fossil fuel stocks than the actual S&P 500." https://t.co/Hmtp3mtqeJ — PolitiTweet.org

Posted June 9, 2022