(Mihaela Papa, Tufts University) In 1972, acid rain was destroying trees. Birds were dying from DDT poisoning, and countries were contending with oil spills, contamination from nuclear weapons testing and the environmental harm of the Vietnam War. Air pollution was crossing borders and harming neighboring countries.
(David Spencer, University of Leeds) There has been a huge amount of concern about rising inflation in recent months, and it’s made worse by the fact that wage inflation has not been keeping up. A few workers in high-paid jobs have enjoyed higher bonuses and inflation-busting pay rises – it has just been reported that CEO pay has recovered to pre-pandemic levels for instance. But for the majority of workers, higher price inflation is now eroding the real value of what they earn.
How a sustainability index can keep Exxon but drop Tesla – and 3 ways to fix ESG ratings to meet investors’ expectations
(Tom Lyon, University of Michigan) A major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but it kept oil giant ExxonMobil. That move by the S&P 500 ESG Index has set off a roiling debate over the value of ESG ratings.