BHP 2.77% $39.62 bhp group limited

I read the presentation as a marketing document to explain why...

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    I read the presentation as a marketing document to explain why they are ESG friendly. I feel that they have an ESG premium (as much as you can in the mining industry), whereas their nearest rival has an ESG discount for a range of issues. So there may be some value, not necessarily cash flows... Actual cash flows are likely lower because of resources spent on ESG. I'm in a different industry, but ESG-related training and processes take away from actually doing the day job. I assume it is the same in other companies that want to be seen as ESG friendly.
 
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