What Makes Up a Bloomberg ESG Score? Dissecting Company Ratings Across Industries
Earlier this year, Tesla CEO Elon Musk doubled down on his criticism of ESG ratings, claiming they were "used as a moral cloak to hide bad behaviour." As evidence for the alleged flaws in these ratings, Musk noted that some methodologies scored certain tobacco companies more favourably than Tesla, which manufactures electric vehicles.
Is this a contradiction? Join us on August 10th at 10am where we will compare Tesla against companies within other sectors to understand:
Is this a contradiction? Join us on August 10th at 10am where we will compare Tesla against companies within other sectors to understand:
- Why "financial materiality" ESG scores are sector-specific
- The exact inputs and scoring models behind Bloomberg's ESG scores
- Where Tesla sits relative to its peers, and how they could improve
Speakers
Claudia Lucciola
Team Leader – Fixed Income Advanced Specialists ESG Lead Advocate EMEA Analytics
Bloomberg
George Overton
ESG Market Specialist
Bloomberg
George Overton is an ESG Market Specialist for Bloomberg in London. Before joining Bloomberg, George spent 6 years at the Bank of France working first as a researcher and later as a climate risk expert. In addition to his role as a member of various EIOPA and IAIS working groups, he was responsible for the implementation of the 2020-2021 climate stress test exercise carried out by French Prudential Supervision and Resolution Authority. Prior to joining the Bank of France, he worked as a Corporate Actions Analyst at Jackson National Asset Management.