How does ESG score rating agencies impact society?

ESG (Environmental, Social, and Governance) score rating agencies significantly influence societal norms and corporate behavior. Their assessments shape investor decisions, steering capital towards companies deemed socially responsible. Through the examination of labor practices, environmental effects, and corporate ethics, these organizations force companies to give sustainability and social responsibility priority. ESG score rating agencies thus serve as a crucial tool in promoting positive societal change and environmental stewardship through financial markets.