Quote:
Originally Posted by shotinthebacklund
What would you prefer to call it? We can call it what ever you want, thats still what it is.
|
Ah, no. You can call it whatever you want, that's still NOT what it is.
I would ask you to point out a single policy of the Chinese government that could be considered an analog of ESG principles, you know those principles that are meant to guide companies/corporations, not freaking governments. but I suspect you'll just tell me it's marxism.....
The whole point of ESG policies is that it is above and beyond what is required by a government, or guidance to make decisions that may not make the most direct financial sense in an effort to achieve various goals (such as minimizing environmental impact).
Governments (especially the Chinese government) are pretty much by definition unable to have an ESG policy, because whatever they do is now the law, and therefore not above and beyond the law/government policy....
So yeah, go ahead and explain to me how the Chinese government "has a ESG", and what exactly that has to do with marxism.
Oh, also I'd love to hear exactly how China does their "a ESG" differently by adding Governance... you know the G in "ESG".
I guess every company that claims to have an ESG policy really just has "a ES".