Every company can or does cause harm. ESG gives a framework to eliminate harm where you can and reduce it where you cannot. This enables you to make your business as sustainable as possible. Tesla is apparently not doing that when it comes to its manufacturing process, treatment of employees or working with the government.
Just because a company manufacturers are product that provides a solution to a societal challenge does not mean they are necessarily sustainable from an overall ESG perspective.
Steve Okun, Glenn Van Zutphen & Neil Humphries, Money FM