Sustainable? Yes... No... Maybe!
On the lack of comparability of ESG ratings
When it comes to the evaluation of a company, performance in the area of sustainability is increasingly pushing traditional assessment criteria into the background in the public perception. While there is a strong agreement on the high relevance of environmental, social and governance (ESG) issues, there is little agreement on the question of how a company's sustainability performance can be measured. Various rating agencies offer stakeholders assistance within the framework of different approaches. However, they would be well advised to always form their own opinion.
Kai Lehmann, Research Analyst of the Flossbach von Storch Research Institute, explains.
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