Why enlightened investors need to escape ESG’s extractive logic

In 2019, McDonald’s beef-heavy supply chain generated 54 million tonnes of emissions. This is more greenhouse gas emitted by either Portugal or Hungary, and a 7% overall increase in just 4 years. In 2021, MSCI upgraded its ESG score: dropping carbon emissions from its ESG calculation (climate deemed neither a ‘risk’ nor an ‘opportunity’ to […]