Seven Myths of ESG

In an article entitled “Seven Myths of ESG”  https://www.gsb.stanford.edu/sites/default/files/publication/pdfs/cgri-closer-look-94-seven-myths-esg_1.pdf, David F. Larcker, Brian Tayan, and Edward M. Watts, at the Stanford Business School’s Corporate Governance Research Initiative note the following seven myths, and cite a number of studies for reference:

• We Agree on the Purpose of ESG
• ESG is Value-increasing
• We Can Tell Whether a Clained ESG Activity is Actually ESG
• A Company’s ESG Agenda is Well-defined And Board-Driven
• G (Governance) Belongs in ESG
• ESG Ratings Accurately Measure ESG Quality
• Mandatory Disclosure Will Solve the Problem