Rob --

Thank you for this comment! When we spoke this morning I forgot to thank you for giving me the title for a follow on piece with your question about whether ESG boosts returns. The post (link below) goes in more depth, but in general I think it boils down to how you use the information and what you're trying to get out of it.

I love your thoughts on how to get management teams to think more long-term. Compensation & reporting frameworks that reinforce a long term outlook are certainly some of the more interesting levers to pull on there, and excitement is never to be overlooked as a force for change.

One of the more interesting groups doing work on long termism is the Long Now foundation, which does a lot of interesting work to shift attitudes towards the distant future. I find their style of writing years with a leading zero (02016) to be a really effective way of reminding us just how much future is yet to come.

Cheers, and all the best --

Will

https://blogs.stage.cfainstitute.org/investor/2016/09/01/does-esg-boost…