Tesla excluded from the S&P 500′s ESG index

Tesla was removed from the S&P 500’s ESG Index as a part of the annual update. Companies like Microsoft, Apple, Amazon, and even Exxon Mobil made it to the list.

The S&P 500 ESG Index effectively recommends firms to investors based on environmental, social, and governance (ESG) ranking.

The criteria for the listing include:

  • Data points per firm about how enterprises affect the environment
  • How the corporation handles its stakeholders, including customers, employees, and vendors, in addition to shareholders

To read more, visit here.