The only thing you have to know about how ridiculous these ESG indices are is that Apple -- who deliberately designs their products so they can't easily be repaired and have to be replaced at frequent and regular intervals -- is an ESG company.

But of course all the MBAs who run all these companies are all trained to "find your 'razor blade'" (ie. "source of recurring revenue"), so they're incapable of even thinking in terms of making a product that someone would buy once and be so durable they could pass it onto their children.

ESG is simply a means, the same as the EPA, FDA, etc. They only exist to keep barriers up and maintain control.