Sustainable Finance Regulatory Outlook 2025

Rebeca Minguela: Sorry, Elon Musk, but you’ve got it all wrong about ESG and Tesla

Media & Press
Published: June 27, 2022
Modified: June 27, 2022

Dear Mr Musk,

Recently, you called environmental, social, and corporate governance an “outrageous scam” following the removal of Tesla, your flagship company, from S&P’s ESG Index. While I respect and applaud the positive impact Tesla is having on the world and your leadership role in moving us to a more sustainable future, what is “outrageous” are your incendiary remarks.

Their timing is particularly poor. Right now, the combination of falling markets and a number of censures of financial institutions for apparent “greenwashing” is creating something of an ESG backlash.

Read the full letter

Latest News

Press Release

STUDY: 84% of the World’s Top Steel and Cement Emitters Cite Climate Measures, but Few Take Concrete Action

Clarity AI analysis reveals that, despite bold targets, companies in two sectors responsible for close to 15% of global CO₂ emissions show limited real-world progress on decarbonization London, June 19, 2025 – On the occasion of London Climate Action Week, Clarity AI, the leading global sustainability technology company, has released new research on climate progress…

Media & Press

AI shakes up the landscape of ESG data providers

The combination of artificial intelligence, impending regulation, and shifting market dynamics is shaking up the traditionally opaque sector of ESG data providers.

Media & Press

UNGC and OECD uncertainty ‘could cause inadvertent ESMA naming rule breaches’

Clarity AI warns that inconsistent methodologies for identifying violators could lead to breaches