Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Twitter posts on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed.
“Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list! ESG is a scam. It has been weaponized by phony social justice warriors,” Musk wrote.
In subsequent Twitter posts, Musk claimed that Tesla has done “more for the environment than any company ever” and asserted that S&P Global “has lost their integrity.”…
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