This is a disappointing piece of analysis. Some notable misses:

1. The article claims ".. channels money away from asset-heavy and job-creating industries that support local communities."

Sustainable investing remains an art and surely part of the art is to be able to apply best-in-class metrics in each industry rather than apply the same metrics in asset-light and asset-heavy industries. Further, the incremental investment routed to renewable energy and sustainable industries creates new jobs.

2. The article downplays the importance of "E" . Large universal asset owners have emphasized the importance of addressing factors like climate change, which were previously considered externalities, in increasing portfolio returns and reducing risks. The costs from the increasing frequency of climate change-related disasters such as forest fires is well-documented.