Sargent: Current ESG scoring tools are rudimentary, arbitrary, and hard to justify
Kimberly Sargent · Kimberly Sargent – Passion and Mission at the Packard Foundation (EP.333) · Aug 14, 2023 · at 48:38
Kimberly Sargent, CIO of the Packard Foundation, evaluates the limitations of existing ESG scoring frameworks for institutional investors.
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“The concern that I have is the tools that help investors make these choices in this moment seem very rudimentary and very arbitrary, and so I hope those tools develop and give greater information to investors to help make these choices, but for now, I think take things case by case, because some of these scoring Things that are out there that try to say, well, this company has a different ESG score from that. Like when you peel back the onion, some of these things are really hard to justify.”
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