Don't throw flawed ESG model out with the bathwater, warns risk expert

Carbon taxes are political, says Naeem Siddiqi of the SAS Institute. (Image: Supplied)

Mon, 12 Sep 2022

ESG, or environmental, social, and governance investment, might be over-hyped, flawed and prone to greenwashing, but the fix is easy: improve reporting standards, says global risk expert Naeem Siddiqi.Canadian Siddiqi is a senior adviser of risk at the SAS Institute, a United States-based business intelligence and data analysis software company. Last week he was in New Zealand talking to banks about climate risk.For some 25 to 30 years, Siddiqi has advised banks around the world on credit risk and credit scoring. He is the author of the 20...

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