ESG has over-promised and under-delivered
Trevor Williams quoted in the Guardian, the BBC, and The i
Matthew Lesh writes for City AM
“These measurement issues raise serious concerns that ESG investing is directing funds to worse companies for a lower return, with consultants being the only real beneficiaries
“ESG is also now at the heart of a culture war. The concern that businesses are becoming “woke” is attracting anger from the political right. They view institutional investors using other people’s money to pursue social and environmental goals to be undemocratic.”
Read Matthew’s full piece here.