Claire and Zoe explain how large corporations, such as BHP and Woolworths, use ESG ratings issued by rating agencies in order to enhance their reputation despite their involvement with wage theft scandals. They also discuss their underpayment of workers and their breaking laws.
This practice of investing in ESG to deflect attention from controversies is known as 'wokewashing'. Recent examples of this include their support of the Yes campaign in Australia regarding the Voice to Parliament. This is a proposed advisory board that would allow Indigenous Australians to provide advice and input on matters of legislation and policies that affect them.
Claire and Zoe also discuss Threads, Twitter's new rival.