pull down to refresh

0 sats \ 3 replies \ @mf 14 Oct 2022 \ parent \ on: ESG = Environmental Subjective Governance bitcoin
I'm an ignorant in ESG, but if it's not subjective, why would Bitcoin stamped as "not ESG friendly"?
write
preview
0 sats \ 2 replies \ @tomlaies 14 Oct 2022
Because long term incentivation is not an aspect of how ESG scores are measured. That does not make the scores subjective - it just means the processes of measuring are dumb.
reply
0 sats \ 1 reply \ @mf 14 Oct 2022
But if the measuring is dumb, that sounds a lot like "scores can be whatever".
reply
3 sats \ 0 replies \ @tomlaies 14 Oct 2022
Let me give you an example:
I create a new ESG score - the TomLaiesESG. It works by counting the number of "e" letters in the company name. Apple has a score of 1. American Express of 3.
-> That's a dumb score. But it is not subjective, it is highly objective, there is no debating if scores are correct or not.
reply