I'll put a wager on that AFR / SMH / 9EC will try to spin the ISS report as being something less than it is, in order to try to help their buddies at OM.
Ive done some research on this. The worlds best companies are a B- score, with a B-, C+ and C- being considered "Prime"
ISS awards the "Prime" designation - companies cant claim it.
Yes, ESG includes Environment, Social and Governance. Its a more rounded European approach than the very narrow one used by OM.
However, the methodology used by ISS is to engage, and to provide an upfront methodology to the company as to how aspects are measured and scored.
By way of contrast, OM doesnt have that approach or systemisation. In fact, they put a disclaimer on the bottom of their reports saying that you cant rely on them!
So, the amateur hour of Dean Patchy and Samson continues - at least for now. Lets see how long 9EC remain their mates, before they turn on OM as well. I hear that Dean is getting very shrill, and now claims to be seeing the underworld at every turn!.
Will be getting rather sticky over there at OM land.
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