“Two years ago, researchers at the University of Chicago Booth School of Business started collecting data to determine the real social and environmental credentials of companies in the S&P 500. […] What they found was that companies generally received higher marks (there’s a growing number of research firms focused on ESG ratings) based not on performance, but rather the number of metrics they disclosed. And to make matters worse, the lack of full transparency across industries makes it difficult to see any company’s ESG ranking in context.”
Read the full article via Bloomberg and download the report via the Rustandy Center.