Expanding the Legacy
Tag: Global warming
2 Posts
Dangerous Stirrings in a Silent Majority
Scenes of wild water bursting the doors of a shop somewhere in Austria. The message/tweet posted on X: “expect more of this, watch climate change in action.” Social media is awash with alarmists, attributing all the world’s weather phenomena to global warming, often accompanied by a rallying cry for immediate remedial action. Don’t eat meat; don’t use fossil fuel; shun airplanes; shower less; install solar panels; turn down the heating or cooling - an apparently endless stream of commandments assail the average citizen.
The Folly of ESG and Other Hypes
Corporates of all sizes used to crave recognition for their embrace of wholesome ESG values. Environment, Social, and Governance were deemed all important to woo both customers and investors. Promises and commitments were made, examples set, and case stories published - all to great acclaim. Now, just a few years later, the hype has thankfully abated. As a concept or philosophy, ESG has been exposed as mere window dressing. It also proved the downfall of that most maligned of corporate events, the World Economic Forum. The annual fest turned into a platform of smoke and mirrors used by grandstanding CEOs to establish their ESG credentials: they would care for the environment, combat inequality, and offer full transparency - all the while offering investors ever higher returns.
