ESG ratings from providers like MSCI and Sustainalytics measure a company’s exposure to environmental, social, and governance risks — not its real-world impact. Two companies in the same sector can receive identical ESG scores while one derives substantial revenue from fossil fuels or weapons manufacturing and the other does not. This guide explains how MSCI and Sustainalytics ratings are constructed, what they measure, what they miss, and why they produce different portfolios than real-impact screening approaches like Ziggma’s.
The full guide is coming soon. In the meantime, the Ziggma Impact Investing Guide covers the ESG vs impact distinction in full, including how Ziggma’s Impact Score differs from aggregate ESG ratings.
Start your free Portfolio Checkup — see your portfolio’s real impact profile, not just its ESG label.
