Scientific Beta

The New York Sun: "And as many ESG ratings — which sustainable money managers use to screen potential investments — focus more on relative progress than absolute impact, a company can be hailed a “sustainability leader” when in reality, it may produce just as much pollution as its lower-rated counterparts, according to research by Scientific Beta, an index provider and consulting firm."

The New York Sun 05/06/2024

"(...) Others have accused ESG-minded strategies of enabling “greenwashing” — when businesses exaggerate a commitment to ESG standards to seem more socially and environmentally responsible. And as many ESG ratings — which sustainable money managers use to screen potential investments — focus more on relative progress than absolute impact, a company can be hailed a “sustainability leader” when in reality, it may produce just as much pollution as its lower-rated counterparts, according to research by Scientific Beta, an index provider and consulting firm. (...)"