Almost Daily Grant's on the link between ESG and population control

Indeed, the Dow Jones Sustainability North American Index, which “tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria” features member companies which might not be top of mind when it comes to ESG bona fides. Included in the basket are not only energy concerns such as Chevron Corp., ConocoPhillips and Suncor Energy, Inc., but also defense companies Lockheed Martin Corp., manufacturer of the Hellfire missile, and Northrop Grumman Corp., which makes Bushmaster chain guns and automatic cannons (thank you, Simon Lack).

Then again, a November report from the Intergovernmental Panel on Climate Change identified rapid global population growth as a primary culprit for climate change, concluding that the world headcount “must be stabilized – and, ideally, gradually reduced – within a framework that ensures social integrity.”

Maybe Lockheed and Northrop are ESG worthy after all. 

~ Philip Grant, Almost Daily Grant's, January 30, 2020