The ESG Framework Hurts Developing Countries
Discount code (10 percent) for Edge Designations: FERG https://edgedesignations.com/ The ESG framework is a progressive agenda that harms market prospects for both companies and national economies. Yet, it has managed to gain widespread traction. The number of ESG exchange-traded funds (ETFs) went from $12 billion in 2006 to $1,826 billion in 2023, an increase of over 15,000 percent! This result emanates from the perverse incentives of big companies in rich countries to toe the ideological line of the governments with which they collude. In his latest article, Nicholas Virzi explains why the…
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