Posted on 10/18/2022 3:31:05 AM PDT by EBH
What is the Purpose of an ESG Score for Individuals?
A few different things will determine your personal ESG score, many of which can be discovered via your regular credit report and other public records. Your purchase history and also your sales history will have a dramatic effect on your ESG rating as a person.
The charities that you support will also increase or even decrease your ESG score. The platform will track your personal impact in the environment around you through various means, which will also be used to calculate your individual ESG score.
The purpose behind each person being assigned an individual ESG score is to help reward actions that will help move the world towards sustainability. While there are not currently any downsides to having an ESG score, regardless of how high or how low, there will come a time where too low of a score can result in denials for loans or services similar to the way credit scores currently function.
For now, ESG scores for individuals are used as a tracking tool for companies to monitor behavior. For those who have already started using ESG scores as part of their business model, some people with good scores may notice lucrative offers, easier loan terms, and even targeted packages designed to reward green or sustainable behaviors.
Now that you know a little more about the basics and principles behind an individual ESG score, you may be wondering where to find your rating.
There are a few different places you can check to find your score. If you hold an account at a major financial firm such as Merrill Lynch, your personal ESG score will be listed on your account with your other personal details. You can also check any of the main ESG monitoring companies’ websites.
(Excerpt) Read more at theimpactinvestor.com ...
One of my pet peeves is using acronyms and assuming that everybody knows what words they stand for.
I could find the answer NOWHERE in the article, which dumbly throws the acronym at me a few dozen times without ever telling me what it stands for.
Finally, a Freeper, EBH, has posted the words: Environmental Social Governance. Thank you.
The next step...
“And slowly we turn..._
Quick ESG calculator
Is Jesus Christ your Lord and Savior?
If yes, ESG=0
How are they tracking crypto?
“It is time to ‘check-out’ of the digital technology system.”
Yep... Absolutely. But that takes extra time and personal effort.
We now live in a society where one extra mouse click is a huge huge burden for most.
It’s all in a database. Look at the receipt from the grocery store - when/where you purchased, each item purchased, quantity, a reference to your payment method, a maybe a your savings/shopper club number that also has your full name, address, telephone number, etc.
I remember in the early 2000’s of a grocery chain that tracked customer purchases. If they noticed you hadn’t purchased in a while or hadn’t purchased a certain product they would send you coupons.
It would be easy to make a profile of a consumer’s purchases and to share it, or supply it at a government mandate.
That’s the only answer. Pay in cash.
This is nothing more than the CCP “social credit score” being enacted here, just under another name.
And “no downside to it”? Are they kidding? This is nothing but control - aka communism. What is amazing is that they’re so open about it. Unreal.
Eat
Shit
Goofball
I think I just lost some points...
It's a lot easier to say "ESG scores are arbitrary".
Looks like I need to start hunting.
But Wait! Hunting can be - and under state regulations IS - “sustainable”. Herd management is essential for the health and balance of the ecosystem.
“step by step, inch by inch”.....I remember that! Can’t remember who did that though.
One would think that a blog seeming dedicated to pontificate on ESG would at least define what the acronym means.
For some reason the end scene from Fight Club popped in to my head when I read that.
You got that right! My DH is always trying to tell me how to do things on the computer or phone that will “take one less click or step”. I’ve been telling him all along...I don’t care! He can do it his way, I’ll do it mine. I still write lists and reminders because I enjoy the effort it takes to actually write things down. Old fashioned I guess.
Virtue signaling is required now?
I recall The Three Stooges...
Bad ESG score?
It will look like this Black Mirror episode.
https://www.youtube.com/watch?v=aQS2LpmgmnM
And precisely why all of the leftists and tyrants want to do away with it entirely.
Extra Sodium Glutamate? Eat S*** Gomer? Execute Socialists Globally? Electricity Sucks Gas?
There are the usual back door, keystroke tracking, IP address means of tracking, as well at any exchanges required to cash them in, etc.
But more than just the tracking, it has made related digital cash alternatives “cool” and plausible in all-too-many minds.
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