This comment benchmark race to mediocracy is spot on. Moreover, in regards to ESG investing, if the benchmark makes an analytical mistake, it gets repeated by those following the benchmark. The CFA should stand for independent analysis, not herd following. For example, ESG generally supports Electronic Vehicles, but depending on the fuel source Electronic Vehicles make actually create more emissions than a gasoline powered vehicle--think coal vs. gasoline. Independent thinking is necessary to understand deeply the trends that help or hurt the environment--not some benchmark created by someone who only looks at the hype and the latests fads.