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2024-07-20 06:46:23

Dr. Hax on Nostr: I know traditional #finance and #sustainabilty are #taboo on #nostr, but I maintain ...

I know traditional #finance and #sustainabilty are #taboo on #nostr, but I maintain that this looks pretty interesting.

https://www.esgtoday.com/green-impact-exchange-files-to-launch-first-ever-sustainability-focused-stock-exchange-in-u-s/

Right now #ESG ratings firms and #investors require all kinds of different reporting paperwork of companies. Having a unified standard would provider better #transparency and cut red tape. It'd also allow the market to determine whether sustainability is important to investors.

It seems like it would only hurt businesses who are unsustainable if sustainability is something investors care about. If not, then removing barriers will not make any difference and the oil and coal companies have nothing to fear.
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