Big tobacco, alcohol producers, and for that matter manufacturers of cluster bombs, poison gas, and torture devices now have nothing to worry about. ESG comes to their rescue.

THORSTEINN SIGLAUGSSON JUN 21, 2023 READ

Soon, all businesses will be required to follow the UNs ESG (Environmental, Social and Governance) standards. Those standards are intended to measure the contribution of businesses to environmental and social issues, as well as whether their operations fulfil the requirement of equality for all minority groups, real or imaginary. In Europe, the new EU Taxonomy, issued by the European Union, companies are forced to submit complex and detailed “sustainability” reports from. The requirements apply not only to the companies themselves; they also have to ensure that their suppliers meet them. Initially, these reporting requirements will only apply to medium sized to larger companies, but it won’t be long before smaller businesses and even the self-employed will have to comply as well. As the “conspiracy theorists” have it, our homes will be next of course.