How do some companies become greener?
How do some companies become greener?
Whenever you see an E score improve…
Ask yourself: “How come?”
It is increasingly common that some listed companies (that are scrutinized about ESG) sell their “dirty” (carbon-emitting) assets to private equity (that are not too scrutinized about ESG), hence the listed companies’ scores improve, but the economy is as dirty as before.
https://www.economist.com/leaders/2022/02/12/the-truth-about-dirty-assets
Or you can see some merger activity that helps companies to appear greener…
