6 Matching Annotations
  1. Nov 2021
    1. just because ESG is about virtue signalling and risk management, does not mean it is meaningless. On the contrary, the very fact that company executives feel the need to “signal” ESG virtues shows how the interplay of digital transparency and shifting social norms is creating a feedback loop that cannot be ignored. If that encourages companies to change strategy, say by cutting carbon emissions, it is good. If it puts pressure on governments to make crucial reforms, like introducing a carbon price, it is even better, particularly if companies are shamed into demanding such policy actions.

      Also, aren't ESG standards and goals are supposed to ratchet up as time goes on?

    1. Instead, current AI research on sustainability tends to emphasize the quantifiable effects of environmental pollution and climate change, and focus on solutions of continued measurement, monitoring, and optimizing for efficiency.
  2. Sep 2021
    1. Milestone

      Where are the actual emissions reductions milestones? Why doesn't this page show the total emissions of the signatories at the time of signing, the targets, and the emissions reduced since signing? How is this pledge different from all the other climate pledges?

    1. Yes, signatories are held accountable through their choice of regular, publicly-available reporting, and the public-facing commitments they make when signing The Climate Pledge.

      Who is checking this? Will signatories who fail to meet their climate commitments be removed from the signatory list? Are there any repercussions?