Even Walmart struggles to monitor its supply chain emissions
Apr 05, 2023
Our Co-Founder, Justin Steinberg response to Andrew Edgecliffe-Johnson’s excellent profile on Walmart’s ESG efforts.
Insights
Materiality + Performance = Impact
Oct 21, 2022
A New Paradigm for Green Investing
If you asked ten investors what the characteristics of a “quality” business are you would get eleven answers. Some would emphasize growth, others returns on equity and capital, and still others balance sheet strength. As they say, “that’s what makes markets.”
Similarly, there is no accepted definition or established set of criteria for what constitutes a “sustainable” investment or portfolio. In fact, an MIT study found that, “ESG ratings from different providers disagree substantially.”[1] A Harvard study went a step further noting that the disagreements among ESG data providers are not only large, but actually increase with the quantity of publicly available information.[2] Like “quality” sustainability means different things to different people.