Companies With High ESG Scores Pollute as Much as Those With Low Ratings: Report

High ESG scores have 'no relation to carbon intensity,' study finds

Part of a carbon capture and storage facility at the SaskPower plant at Boundary Dam Power Station in a file photo. Michael Bell/The Canadian Press

Businesses that rate high when it comes to environmental, social, and governance (ESG) policies are polluting just as much as lower-scoring companies, according to new research.

The findings are based on a study conducted by ESG/climate index platform provider Scientific Beta and published by the Financial Times this week.