The Curious Case Of The Complex Contortions Concerning ESG In The State Of Alaska

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The Curious Case Of The Complex Contortions Concerning ESG In The State Of Alaska
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Robert G. Eccles of Saïd Business School, University of Oxford is the author of a number of books on integrated reporting, sustainability and the role of business in society. His focus is on sustainability from both a company and investor perspective. Professor Eccles is also involved in a variety of initiatives to embed environmental, social, and governance (ESG) issues in real world decision making. One of these is the Sustainability Accounting Standards Board (SASB), of which he was the found

“Life is infinitely stranger than anything which the mind of man could invent. We would not dare to conceive the things which are really mere commonplaces of existence.”This is a case that would challenge even the genus of Sherlock Holmes. Alaska is presenting itself as a leader in sustainability while disavowing this has anything to do with ESG.

The press release explains that “ESG investing is an investment strategy that emphasizes a firm’s governance structure or the environmental or social impacts of the firm’s products or practices.” I don’t quite get the “or” part, but I’ll roll with that and ignore the fact that good governance is important for shareholder value creation.

Needless to say, this caught my ear 👂and so I found the May 24, 2023 .” The press release begins “Today at the Alaska Sustainable Energy Conference, the Office of Governor Mike Dunleavy released “”, an inaugural Sustainability Report that documents the State’s history of responsible resource development.

So now Alaska had caught my eye 👁️ and I decided to check out their inaugural sustainability report. Here is the high-level Table of Contents:I was impressed! Sustainability goals, which are all about making the world a better place, get featured twice. The E and the S are in their too. So is economic equity.

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