Shareholder Activism ('ESG Investing') Message Board

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Politics : Shareholder Activism ('ESG Investing')

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From: petal	9/13/2020 2:54:41 PM
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Corporations as a source of good in the world – is it possible? Although I have some reservations about the term 'ESG', and tend to see it as meaningless crowd-pleasing, I do believe that there is a real, growing concern from the public that companies often do not take a serious responsibility for the societies they act in. I for one hope that there is a revolution going on here. I hope for a new kind of capitalism: one in which companies actually take care of the communities of which they are such an integral part, nowadays. Global chains are so much more present now – so many mom and pop-stores have disappeared, and now there are not only a McDonalds in every town in every country, but a Starbucks, and a Dollarstore, and a – – I believe that there should be a broad base for understanding across the deep political divide here – in the need for the average citizen to hold stocks: firstly, to partake in the wealth accumulation, and secondly, to voice hers or his opinions concerning the business of the companies that play such large parts in all of our lives. It seems to me like an important egalitarian cause, no matter what ones political affiliation happen to be. I also find that it would be a natural evolution of any liberal democracy (especially since all of those seem to be capitalist as well).

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