In the wake of violence at the U.S. Capitol, ESG signals from Truvalue Labs, a FactSet Company, demonstrate the connection between company action and societal struggle. The events have proved especially relevant for social media firms.
In a July 2020 research brief, we noted geopolitical risks are uniquely relevant for social media firms. That brief considered the question of whether social media might interfere with a second U.S. presidential election in a row.
The tail risks of social media firms are even more conspicuous six months on. As seen in the chart below, a cohort of social firms lags the S&P 500 benchmark on most high-volume ESG categories for the cohort.
In this brief we examine:
- ESG “Social” risks critical for social media firms that represent large chunk of benchmarks
- “Social” in focus: Capitol insurrection caps off a year of “S” dominance in ESG data
- Views of Capitol-related Spotlight Events for U.S. large-cap firms through ESG and U.N. Sustainable Development Goals lenses
Read the full brief:
Truvalue_US_Democracy_ESG_Risk.pdf (885.0 KB)