ESG, or Environmental Social Governance, is a commonly used metric that determines the sustainability and societal impact of a company's practices. ESG raters such as MSCI (Morgan Stanley Capital International), S&P Global, and FTSE (Financial Times Stock Exchange) do this by measuring sub-categories such as pollution, diversity, human rights, community impact, etc. (figure 1). Measuring these areas of concern are necessary since they encourage companies to rectify bad practices. This is because ESG ratings can influence factors such as investor capital, public perception, credit ratings, etc. Furthermore, ESG ratings can provide companies with specific information on which key areas to improve, which can help better guide their initiatives.