Thread regarding ExxonMobil Corp. layoffs

Mega ESG Loophole

Source: https://www.bloomberg.com/news/articles/2023-07-11/saudi-aramco-getting-cash-meant-for-sustainable-investment-reveals-esg-loophole

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https://archive.is/Y57Qi

An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants

Bonds linked to the world’s biggest oil company have ended up in ESG funds, highlighting a major flaw in how the sector is regulated.

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Meanwhile, 57% of SIBs exclude commercial nuclear from their green/sustainable funds. Treated the same as firearms and tobacco.

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