NIt's a market disadvantage, but not necessarily a fatal one. As long as you can survive it, it's a long-term benefit, because then you don't have progressive fuckheads threatening to tank your stock value if you don't comply. The biggest benefit to being high ESG is that you get fresh Fedbux very quickly.
Okay, so what's the downside?
No investment capital from ESG funds, aka Blackrock and Vangaurd, the two largest pools of capital in human history.
This is what ESG scores are about; Making businesses submit to Woke ideology or cutting them off from funds.
NIt's a market disadvantage, but not necessarily a fatal one. As long as you can survive it, it's a long-term benefit, because then you don't have progressive fuckheads threatening to tank your stock value if you don't comply. The biggest benefit to being high ESG is that you get fresh Fedbux very quickly.
Wait until they make it so that a company loses its ESG rating if it does business with a non-ESG company.
"We're sorry, we can no longer provide you with banking services. You have thirty days to close your account."
"We're sorry, we can no longer sell you widgets."
"We're sorry, we can no longer process credit card transactions for you."
"We're sorry, we can no longer provide you with internet connectivity."
"We're sorry, we can no longer renew your building lease."
ESG is a Social Credit system for businesses. They will be leveraging this hard to isolate those who don't obey the establishment.
He probably could crowdfund a billion or two with his marketing talents.