Reposting this, because ESG has recently y come up in comments from Occasional Readers.
ESG stands for Environmental, Social and Government.
It's an invention of the Rating agencies, to get more companies signed up to get as good a score as they can, because a better score gets you cheaper financing.
All this is explain my post below from a year ago.
Luminaries such as Warren Buffet, Charlie Munger and Elon Musk have all denounced the ESG Measure.
