this post was submitted on 11 Oct 2023
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[โ€“] [email protected] 59 points 11 months ago (5 children)

The article helpfully never spells out the acronym. Environmental Social & Governance

[โ€“] [email protected] 19 points 11 months ago (1 children)

Are you sure? There is 58 other definitions for that three letter acronym, just like there are for most others.

https://www.acronymfinder.com/ESG.html

Environmentally Sustainable Growth

Essential Surfing Gear

Electroslag Welding

are probably also things not very well understood by most Brits.

[โ€“] [email protected] 7 points 11 months ago

Electroslag Welding

them slags

[โ€“] [email protected] 11 points 11 months ago* (last edited 11 months ago) (1 children)

It was actually defined in the last sentence of the article

"Some ยฃ448m was pulled by retail investors from environment, social and governance (ESG) funds in August"

But I scrolled the article 3 times before I spotted it, so your point stands.

[โ€“] [email protected] 5 points 11 months ago

I'm thinking that this is some sort of joke article at City AM, because it's always convention to define an acronym at first use, and they didn't just omit it -- like, it probably wasn't just an editorial error -- but put it in at the very end of the article.

[โ€“] [email protected] 6 points 11 months ago
[โ€“] [email protected] 2 points 11 months ago

And I have no idea what that means after reading it

[โ€“] [email protected] -2 points 11 months ago