3 ms·
What is the problem if this were ESG-mandated. Can you point me to any writing on the subject? I want to understand.
by justanotheratom 3y ago
What is the problem if this were ESG-mandated. Can you point me to any writing on the subject? I want to understand.
- version_five 3y agoIf this is a serious comment it should be very easy for you to look up criticisms of esg investing. I'm not sure what you're hoping for from the OP.
- hedora 3y agoI looked up some criticisms, which boiled down to: - 79% of Americans support ESG investing. - Republicans are more likely than Democrats to oppose interference in ESG investment strategies. - Some Republicans, especially DeSantis, are trying to start an anti-ESG culture war, but it hasn’t had much impact on investment holdings. - Some Democrats think ESG is a scam because some of the stuff it screens for doesn’t actually improve the environment or social justice. (For instance, some ESG indexes measure resilience against climate change instead of taking action to avoid climate change). So, I’m really not seeing what point you are trying to make. The above is mostly from Forbes, who are obviously pro-business. The critique about ESG not being progressive enough is from the Atlantic.