• taladar@feddit.de
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      1 year ago

      Are you sure? There is 58 other definitions for that three letter acronym, just like there are for most others.

      https://www.acronymfinder.com/ESG.html

      Environmentally Sustainable Growth

      Essential Surfing Gear

      Electroslag Welding

      are probably also things not very well understood by most Brits.

    • thanksforallthefish
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      1 year ago

      It was actually defined in the last sentence of the article

      “Some £448m was pulled by retail investors from environment, social and governance (ESG) funds in August”

      But I scrolled the article 3 times before I spotted it, so your point stands.

      • tal@kbin.social
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        1 year ago

        I’m thinking that this is some sort of joke article at City AM, because it’s always convention to define an acronym at first use, and they didn’t just omit it – like, it probably wasn’t just an editorial error – but put it in at the very end of the article.