In recent years, investment funds have been increasingly impacted by a rating system based on environmental, social, and governance criteria (ESG).
Some describe it as a social credit score system, like the one used under China’s dictatorship. The ESG system forces companies to comply with external criteria.
NTD spoke with a prominent expert on ESGs, James Lindsay, who is the founder of New Discourses and a co-author of the book “Cynical Theories,” to learn more.