Much of the ESG drive, especially in reporting, is to standardise what is good, what is ethical. Get to an index as definitive as sales or EBITDA for your environmental, social and governance impact.
But does that make sense? Whose standards are the standard? Are anyone’s standards entirely objective?
This is a nuanced truth which Charles Radclyffe, founder and CEO of EthicsGrade | AI & ESG, talks to in this latest thought-provoking podcast episode of the Karmic Capitalist.
It is a very real nuance. Your values aren’t the same as mine, and that’s probably a good thing. If we all shared exactly the same values and priorities, we’d quickly get to a place where mob rule takes over, and populism becomes the order of the day.
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So the approach of EthicsGrade is to allow you to apply your own values, your own perspectives, your own priorities to an ESG rating of companies you’re interested in investing in.
Personalised ESG ratings.
And he perceives an active market need with early adopters, and the mainstream to follow after legislation which will be coming our way over the next few years.
In this episode, we dip into the world of ethics, ethics in AI, and ethics in ESG. But not just in a philosophical way, but in how this informs the strategy and implementation of EthicsGrade.
We also dive into what values look like in a values company. If your business model is about values, and about personal values, how do you translate that into your company?
Thought-provoking episode from Charles on the Karmic Capitalist. Find it on your favourite podcast player.