ESG investing and its discontents | Tariq Fancy
The recent meteoric rise of ESG or sustainable investing is both compelling and undeniable. Today, more than 3,500 asset managers and related organizations representing more than $120 trillion in assets under management subscribe to the United Nations Principles for Responsible Investment (PRI), which are a set of voluntary and aspirational principles that encourage the incorporation of ESG factors into investment decisions.
But as more and more professional investors publicly proclaim their ESG and sustainability bona fides, real questions persist as to both their sincerity and their actual…
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