Post by billb on Mar 22, 2023 8:31:00 GMT -8
The morons are running things. Amazing.
SVB Earns Top ESG Governance Scores
Prior to its collapse, SVB was a strong advocate of ESG criteria, both from an environmental and social-justice perspective, and it appeared to buy into the notion, echoed by President Biden this week, that ESG was an appropriate risk-management tool. Indeed, according the S&P’s ESG scoring system, SVB was rated an 89 out of 100 in the area of “corporate governance,” just shy of the “industry best” score, which is 91, and well above the “industry mean” score of 51.
www.theepochtimes.com/bank-failures-highlight-risks-of-using-esg-in-americans-pension-funds_5140386.html?utm_source=share-btn-copylink
SVB Earns Top ESG Governance Scores
Prior to its collapse, SVB was a strong advocate of ESG criteria, both from an environmental and social-justice perspective, and it appeared to buy into the notion, echoed by President Biden this week, that ESG was an appropriate risk-management tool. Indeed, according the S&P’s ESG scoring system, SVB was rated an 89 out of 100 in the area of “corporate governance,” just shy of the “industry best” score, which is 91, and well above the “industry mean” score of 51.
www.theepochtimes.com/bank-failures-highlight-risks-of-using-esg-in-americans-pension-funds_5140386.html?utm_source=share-btn-copylink