ESG Ratings: In Talk with Prof. Dr. Peter Hongler (University of St. Gallen)

In this episode Arne Schnitger and Christian Kaeser talk with Peter
Hongler, Professor of Tax Law at the University of St. Gallen,
Director at the IFF-HSG and also member of the Tax for SDG
Initiative from the United Nations Development Programme (UNDP). As
an expert for ESG Peters outlines the two rationales of ESG
Ratings, one focused on the risks enterprises have in the area of
ESG (Environmental, Social and Governance) and the other focused on
the positive impact of enterprises on the Sustainable Development
Goals (SDG). They discuss the different approaches of rating
agencies, the importance of transparency, the question if paying
taxes always has a good impact on the SDGs and what "window
dressing" means in the context of ESG Ratings.