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0 sats \ 2 replies \ @tomlaies 14 Oct 2022 \ parent \ on: ESG = Environmental Subjective Governance bitcoin
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.
But if the measuring is dumb, that sounds a lot like "scores can be whatever".
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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.
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