More and more organizations are putting forward what are known as “ESG” criteria (environmental protection, consideration of social issues and respect for virtuous governance).
It is a laudable intention that morality cannot condemn in principle.
Its extension to assessments of a company's field of activity is not, however, without raising serious questions.
Questions that also bring us back to morality when, depending on the new fields targeted by the ESG approach, new irresponsibilities actually emerge.
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Espionage: compliance as a legal Trojan horse
These criteria, nourished by generous sentiments by actors without democratic legitimacy, are endlessly promoted by those who intend to "moralize" economic life in the name of their own conception of ethics.
Like Human Rights, Share Action, they end up imposing on the financial profession that it "blacklists" certain activities, mixing those that are legitimately reprehensible (hacking) and those that are perfectly...
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