#finance

anonymiss@despora.de

Selling Luxury #Apartments Where #OliverTwist Once Asked for Gruel

source: https://www.nytimes.com/2021/12/23/business/dickens-condos-oliver-twist-workhouse.html

In a #city beloved by wealthy real estate investors from around the world, the plan makes financial sense, but this may be the most benighted condo conversion in the #history of condo conversions, with problems that go far beyond constraints placed on how the building can be altered. The property includes land that in the 18th and 19th centuries served as a pauper’s graveyard. Last year, archaeologists started exhuming bodies, roughly 1,000 in all.

#finance #London #UK #poverty #life #profit #apartment #money #investor #humanrights #capitalism #news

wazoox@diasp.eu
anonymiss@despora.de
anonymiss@despora.de

How to Get an #ESG #Rating Upgrade

source: https://www.bnnbloomberg.ca/how-to-get-an-esg-rating-upgrade-1.1698815

These environmental, social and governance #performance measures are starting to matter, in addition to the core financial measures such as profits or debt. “ESG is in boardrooms all around the world,” John Kerry, U.S. special presidential envoy for climate, said in September.

...

Seen that way, a company’s high carbon #emissions would only negatively affect its ESG rating if there’s a risk of strict regulations to curb emissions. Instead, ratings reward the most rudimentary of businesses practices.

#news #emission #climate #finance #fail #environment #politics #economy #business