With Tesla failing to publish details about its low carbon footprint or business conduct codes the sustainability index S&P 500 ESG doesn’t want to list the company anymore, to the disapproval of its CEO Elon Musk. /dpa
“ESG is a fraud.” With these exact words, Elon Musk tweeted his disapproval over Tesla being removed from the S&P 500 ESG. The stock index for sustainable trading doesn’t regard Tesla as an exemplar anymore. Despite Tesla’s mission to accelerate the net-zero transition on a global scale, the index sees too many objections for the
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