The ESG Mirage
Jun 11, 2022•7 min
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Episode description
"The activities of an extremely complicated phenomenon like a multi-national corporation cannot be reduced to five-star ratings, particularly on a definition as squishy as “Environmental, Social, and Governance.” Rather than trying to strengthen definitions or improve quantification, the industry needs to come to terms with a more basic reality: the mission is impossible, and its failure began before it even started. With this much moolah at stake, the world deserves better." - Danny Crichton
Lux Capital's "Securities" newsletter edition: The ESG Mirage by Danny Crichton
Produced and edited by Chris Gates
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