Q What's an example of that? A good ESG mark, but harmful.
A Uh, so maybe, um, uh, some types of weapons manufacturers, let's say, um, I don't know, tobacco companies, so they might say, they might, you know, produce their cigarettes year on year with lower emissions. Uh, maybe they've got good workforce policies. I'll give you a good example. Um, ESG tends to be a lot about disclosure and a lot about providing data. Um, so, you know, I might Disclose to you, Nathan, that I'm going to punch you in the face, right? And I might also, um, tell you I've got a policy to not punch you in the face. Now, the impact is that I've still punched you in the face, even though I've got a great policy in a, in a, um, and I guess, uh, um, the impact is the same. So what we're looking at is, okay, is, is say Tesla providing a product that's helping people or harming people? How much is it helping people? How much is it harming people? And then how does that compare to the other car manufacturers, for example? So, you know, we had VW as high risk because it produced diesel cars.
AI assessment note: “tobacco companies, so they might say... produce their cigarettes year on year with lower emissions”