Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
These companies were removed from S&P 500 ESG Index, your thoughts?
Views 8561 Contents 7

Vote Now | Elon Musk calls ESG 'is a scam'. What do you think?

avatar
Chatterbox Moo joined discussion · May 18, 2022 19:03
Elon Musk isn't pleased after $Tesla (TSLA.US)$ was dropped from an equity index that tracks environmental, social and governance principles (ESG).
ESG is a scam. It has been weaponized by phony social justice warriors.
—— Mr.Musk said.
Musk lamented that $Exxon Mobil (XOM.US)$, one of the world's largest oil and gas companies, remained in the index.
Vote Now | Elon Musk calls ESG 'is a scam'. What do you think?
Vote Now | Elon Musk calls ESG 'is a scam'. What do you think?
The S&P Dow Jones Indices recently removed Tesla and several other companies from its ESG index as part of its yearly rebalancing.
Tesla lagged its peers for a variety of reasons including its carbon strategy, working conditions and handling of a regulatory investigation, the index operator said.
In recent years, ESG investing has grown in popularity as investors try to put money into more socially conscious companies.

Source: WSJ, Twitter
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
1
34
+0
58
Translate
Report
53K Views
Comment
Sign in to post a comment

View more comments...

avatar
Moomoo Official Account
Welcome to moomoo chat room.
6753Followers
3Following
10KVisitors
Follow