notices - See details
Notices
ST
Scott Tapley, CFA (not verified)
20th October 2017 | 1:26pm

ESG seems to be, at best, harmless virtue-signaling; at worst, eco-fascism. Everyone believes in good governance, and, as the author notes, "responsible investing." But the attempt to wrap environmentalism (which is often prone to extremism) and social(ism?) into the equation loses me. Adding those components makes it look/sound/smell like just a further extension of political correctness into the board room. Corporate cultural Marxism that attempts to coerce behavior into what's desired by the proponents' self-righteous principles, regardless of any positive investment rationale.