Environmental, social and corporate governance: Difference between revisions

{{g}}Soup du jour. Ideal fodder for that client webinar. And if you are worried you have unhedged risk to it, well — there are always [[turpitude swap|turpitude swaps]] to see you right.

Call me an old, unreconstructed gammon but — seriously, financial services multinationals? — If you care about environment, society and governance, put a sock in your [[virtue signalling]] and pay your sodding [[taxes]].

Of course, ESG is becoming more of a thing, more investment managers have it in their mandates, as a marketing device, or they are obliged to meet sustainability targets, by regulation, then the basic wrongheadedness of stakeholder capitalism rears its head. We see we are creating a monster that will not vouchsafe ''any'' improvement in the environment, but will open yet another front for the [[regulatory-industrial complex]] to occupy, and [[Rent-extraction|extract rent]] from.