Sustainability

The Philippines is the second-largest producer of coconuts in the world. An estimated 9 billion husks are burned or left to rot here every year. Fortuna Cools makes coolers out of that waste instead of the commonly used expanded polystyrene foam, often incorrectly called styrofoam.

For its critics, ESG might as well be a four-letter word.

It represents woke capitalism. It propels a for-profit nanny state.