In business, ESG issues have been on the docket for quite some time. Not only do stakeholders pay attention to the effect a company has on the environment, third parties and even the government is also keeping track.
ESG covers a range of issues, including the overall environmental impact a company or its services imparts in addition to diversity, human rights, and other social issues. Governance plays a role as well. Every company will have an ESG rating which is considered their ESG score.
That being said, you may be wondering about an individual ESG score. People have credit scores that tell lenders and other parties if they can pay their debts. It is similar to a credit score when it comes to an individual ESG score, but instead of rating creditworthiness, it rates a person’s ESG risk.
A few different things will determine your personal ESG score, many of which can be discovered via your regular credit report and other public records. Your purchase history and also your sales history will have a dramatic effect on your ESG rating as a person.
After segmenting each section, a value will then be assigned to each. Some areas have a heavier weight than others. For example, if you invest in green programs and also avoid eating meat, it will have a heavier weight than your use of electricity in your home daily.
Buying a gun, alcohol, or even clothing will all affect your overall ESG score. Not only will your purchases matter, but who you purchase from and how they do business.
Your political affiliations also factor into your personal ESG score. Aside from the politics in governance, the party you support and even the person you vote for will make your score go up or down based on that person’s actions, policies, and voting habits.
ESG issues and corporate behavior have been on the docket for quite some time. Not only do stakeholders pay attention to the company's effects on the environment, but third parties and even the government are
Read the entire article posted above .... It is very dangerous to individual liberty.
Eat meat, Purchase a gun , Vote for the wrong person.... ..... It could affect your ability to get a job, get promoted in that job, Buy a house , get a loan for a car,.... A HOA could turn you down because you eat meat and might grill some steaks outside . as determined by your ESG score...
This is a bit different than an ESG score folks . However I can see one day just posting a photo of you grilling a steak could be enough reason to get you fired... We know it has happened with folks holding a gun ... and it is shown to your HR dept.