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ESG firm raises eyebrows for ranking collapsed crypto giant FTX higher on governance than Exxon Mobil
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fnlondon.comAI-driven ESG ratings firm Truvalue Labs has defended its methodology after awarding collapsed crypto giant FTX a higher score for governance than Exxon Mobil.
A screenshot of an ESG analysis for FTX — by FactSet-owned Truvalue Labs — went viral on 13 November, showing Sam Bankman-Fried’s embattled FTX scoring higher for ‘Leadership & Governance’ than oil giant Exxon Mobil. FTX filed for bankruptcy on 11 November.
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Read more on fnlondon.comAbout this in other media
First accounting firm with HQ in metaverse is sued over FTX meltdown moneycontrol.com /2 years ago
Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX cryptonews.com /2 years ago
New Revelation: US Prosecutors Were Looking Into FTX Long Before Exchange Collapsed cryptonews.com /2 years ago
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