FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo
(Reuters) - Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investing pioneer thinks the electric carmaker still believes in the cause.
John Streur, president of Calvert Research and Management, praised Tesla's disclosure of workforce diversity data earlier in May and said Tesla remains in his company's ESG indexes even though it was dropped out of the S&P 500 ESG Index last week, prompting Musk's fury.
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