Quote (ofthevoid @ Apr 6 2023 06:14pm)
Hard to say, depends on the company, size, type of product/service they sell, etc.
I remember when the war started there was massive pressure on corporations to leave. For example, Unilever was getting raked because they didn't immediately leave, because you know selling bars of soap to regular Russians is killing Ukrainians. Most eventually gave in, having to write down hundreds of millions in assets.
Don't really think it's the ESG scores but rather most of these corporations are extremely risk averse and will cut and run for the hills at any sign of sanctions or bad PR.
Ah ok, I tried learning a bit about ESG scores the other day but the corporate lingo BS is just mind numbing. I do remember those big campaigns to name and shame companies who hadn't yet pulled out of Russia, reminded me a lot of those groups like media matters who would pressure advertisers that supported conservative media.
Thank you for the info
