Quote:
Originally Posted by shotinthebacklund
You are looking at ESG thru the lens of Corporation. I agree. Now take the exact same principles and apply them to the lens of Government controlling the factors of what they consider the pillars of ESG. Which, Carney speaks directly about doing in his book Values.
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1) ESG is pretty much explicitly the real of corporations. That's the point.
Are there such things as government policy that put emphasis on the environment, or social justice? Sure. But almost by definition government policy cannot be ESG policy. Also, I'm not sure why you think it's a bad thing, but I very much support protecting the environment, workers rights, and stopping corruption (the pillars of ESG).
2) I'm not talking about Carney, I'm talking about how you're claiming that not only is China a leader in ESG policy, but that it is somehow marxism.
In the simplest terms ESG policy is about going above and beyond legal requirements to take into account things like:
1) Environmental Impact (the E: environment)
2) Human Rights (the S: Social)
3) Anti-Corruption (the G: Governance)
So please give me a single example where China is leading the way on protecting the environment, protecting human rights, and preventing corruption.
Also, please let me know why you think those are bad things.