Unfortunately, corporate misconduct regarding ESG practices is already a serious issue, as witnessed by the popularity gained by the neologism “greenwashing”. Progress is being made, with Europe arguably at the forefront. In 2021 the European Commission brought forward a legislative proposal for a Corporate Sustainability Reporting Directive (CSRD), which builds on the Non-financial reporting directive (NFRD).
In 2005, a Canadian blogger – Kyle MacDonald began a series of transactions which he posted on-line. He began with a red paperclip as a medium of exchange. He exchanged this for an interesting looking fish-shaped pen, which he traded for an odd-looking doorknob…then a camp stove…so on and so forth.