Scientific Beta

LinkedIn News: "Research has found that companies with strong environmental, social and governance (ESG) scores pollute as much as those with low ratings. The index provider and consultancy Scientific Beta analysed 25 different ESG scores and found this pattern held even when only looking at the environmental component."

LinkedIn News 31/07/2023

By Vicky McKeever, Editor at LinkedIn News

"(...) Research has found that companies with strong environmental, social and governance (ESG) scores pollute as much as those with low ratings. The index provider and consultancy Scientific Beta analysed 25 different ESG scores and found this pattern held even when only looking at the environmental component. Felix Goltz, research director at Scientific Beta explained that ESG ratings have "little to no relation" to carbon intensity, which is a company's emissions per unit of revenue or market capitalisation. For instance, the environmental rating is partly based on factors including its approach to waste management and the use of water resources. (...)"