It didn’t take long for DIE and “climate change”, slithering slimy sly beasties, to mate and produce an abomination in the eyes of science: the ESG Score.
What happened to "From each according to his ability, to each according to his needs"? In the past, scams were presented in a more poetic form, sometimes with grace. Today, scams are a measly initialism that makes nihilism look optimistic.
Something went wrong. We lost our way when the Berlin wall fell, comrades!
We need an RLM score, a Robespierre, Lenin, Mao score for demonic administrative genius in the consolidation of newly acquired revolutionary power, and we must give the highest RLM score to the creators of ESG. Likewise, we need a BMR score, a Bushes, McCain, Romney score for quisling collaboration with the enemy and feckless defense of a constitutional republic under assault. The BMR award (a "Beemer" as it is affectionately called) for the highest BMR scores in the last decade (2012-2022 goes to Wall Street, SIlicon Valley, Paul Ryan, Mitch McConnell, Lindsay Grahamnesty, Susan Collins and Lisa Murkowski. Mitthead Romney has also earned the award (again.) Mitthead's score is always the highest. Indeed, his BMR score is so high year after year that DemocRats see Mitthead as their Wilt Chamberlain, "The Man Who Scored a Hundred." But because it's named after him, a conflict of interest precludes the BMR Academy from giving Mitthead a Beemer.
As happened with energy labels on refrigerators, at some point all companies will have found a way to tweak their score to Leader. ESG will then suffer the fate of LGB.
I am working a lot with histories of credit ratings, and I am looking forward to studying histories of ESG ratings. If they survive long enough, we will see something similar to the recalibration of ABS ratings after the 2008 financial crisis.
What happened to "From each according to his ability, to each according to his needs"? In the past, scams were presented in a more poetic form, sometimes with grace. Today, scams are a measly initialism that makes nihilism look optimistic.
Something went wrong. We lost our way when the Berlin wall fell, comrades!
We need an RLM score, a Robespierre, Lenin, Mao score for demonic administrative genius in the consolidation of newly acquired revolutionary power, and we must give the highest RLM score to the creators of ESG. Likewise, we need a BMR score, a Bushes, McCain, Romney score for quisling collaboration with the enemy and feckless defense of a constitutional republic under assault. The BMR award (a "Beemer" as it is affectionately called) for the highest BMR scores in the last decade (2012-2022 goes to Wall Street, SIlicon Valley, Paul Ryan, Mitch McConnell, Lindsay Grahamnesty, Susan Collins and Lisa Murkowski. Mitthead Romney has also earned the award (again.) Mitthead's score is always the highest. Indeed, his BMR score is so high year after year that DemocRats see Mitthead as their Wilt Chamberlain, "The Man Who Scored a Hundred." But because it's named after him, a conflict of interest precludes the BMR Academy from giving Mitthead a Beemer.
Maybe it's not a grift, but the next stage of the revolution which started when St George of Minneapolis ascended to his heavenly reward.
As happened with energy labels on refrigerators, at some point all companies will have found a way to tweak their score to Leader. ESG will then suffer the fate of LGB.
I am working a lot with histories of credit ratings, and I am looking forward to studying histories of ESG ratings. If they survive long enough, we will see something similar to the recalibration of ABS ratings after the 2008 financial crisis.