HurvajsRumcajs on Nostr: The fun part is the EU made ESG mandatory via regulation. If you are not a very small ...
The fun part is the EU made ESG mandatory via regulation. If you are not a very small company, you have to write long ESG reports and if you are a small biz that supplies a big company, they force you to write an ESG reports as well.
And if you don't or your ESG reporting looks bad, the banks won't give you loans (or at higher interest) or you just won't get the jobs anymore (as a small company).
Cancelling all that in the EU socialist structure will take a looooong time even if there's a will. The small guy is going to adapt and possibly stop supplying the large companies and the big companies will pay big compliance companies to write some believable bullshit with AI. And everything just gets even less competitive.
And if you don't or your ESG reporting looks bad, the banks won't give you loans (or at higher interest) or you just won't get the jobs anymore (as a small company).
Cancelling all that in the EU socialist structure will take a looooong time even if there's a will. The small guy is going to adapt and possibly stop supplying the large companies and the big companies will pay big compliance companies to write some believable bullshit with AI. And everything just gets even less competitive.