EPISODE · Feb 28, 2020 · 19 MIN
The ESG Weekly: The victims of Camp Fire 2018 are now owners of PG&E, the company that caused the wildfires.
from Sustainability Now · host MSCI ESG Research LLC
The Camp Fire of 2018 was one of the worst wildfires in California's history. After it was found to be caused through negligence on the part of utility giant Pacific Gas and Electric, the victims sued the company and won compensation. But then PG&E did something off and made the victims part owners of the beleaguered company. We ask : Does this help the victims, the company, or the market? Then we have two hot takes on an organization started by an ex‐facebooker that tries to hold companies accountable for climate change and Boeing switches up its board.
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The ESG Weekly: The victims of Camp Fire 2018 are now owners of PG&E, the company that caused the wildfires.
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