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S&P ESG, Tells of a Scam

By Energy Rant No Comments
I knew a little about ESG – environmental, social, and corporate governance. I even saved a few articles to my pile, but when Tesla was recently booted from the index and Elon Musk called it a scam, I thought, this is a good time to investigate. Musk took to Twitter, “Exxon is rated top ten best in the world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list!” And later, he added, “ESG is a scam,” followed by “It has been weaponized by phony social justice warriors.” Raarrr! Let’s take a look. I wrote…
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