What Are ESG Scores? Which Metrics Are Being Used to Evaluate Businesses? ESG Scores Pose a Significant Threat to Freedom4. The Problem is Going to Get Worse5. How Lawmakers Can Help[1] Richard Threlfall et al., The Time Has Come: The KPMG Survey of Sustainability Reporting 2020, KPMG, December 2020, https://assets.kpmg/content/dam/kpmg/xx/pdf/2020/11/the-time-has-come.pdf[2] Klaus Schwab, “Now Is the Time for a ‘Great Reset,’” World Economic Forum, weforum.org, June 3, 2020, https://www.weforum.org/agenda/2020/06/now-is-the-time-for-a-great-reset[3] See the Business Roundtable’s new “purpose of a corporation,” at Business Roundtable, “Statement on the Purpose of a Corporation,” businessroundtable.org, July 2021, https://opportunity.businessroundtable.org/ourcommitment[4] Jonathan Walter, lead author, Toward Common Metrics and Consistent Reporting of Sustainable Value Creation, World Economic Forum, Sept. 2020, http://www3.weforum.org/docs/WEF_IBC_Measuring_Stakeholder_Capitalism_Report_2020.pdf[6] Jeff Stein, “Financial Firms Announce $130 Trillion in Commitments for Climate Transition, but Practical Questions Loom,” Washington Post, Nov. 3, 2021, https://www.washingtonpost.com/us-policy/2021/11/03/climate-glasgow-bloomberg-carney[7] For example, see Ali Zaidi, “INSIGHT: States Take Lead on ESG Investment Regulations While Feds Stand Still,” Bloomberg Law, Oct. 4, 2019, https://news.bloomberglaw.com/banking-law/insight-14[8] MIT’s Digital Currency Initiative, “OpenCBDC,” dci.mit.edu, accessed Feb. 11, 2022, https://dci.mit.edu/opencbdc

Source: Washington Post February 17, 2022 20:26 UTC