Finance

Russia’s Attack Casts Huge Shadow Over Future of ESG

When greenwashing comes to the world of war and weapons, it might all be over.

A man mourns over the body of a victim in Russian bombings of the eastern Ukraine town of Chuguiv on Feb. 24.

Photographer: Aris Messinis/AFP/Getty Images
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How can fund managers buy Russian government bonds and shares of state-backed energy giants while claiming to be committed to the highest environmental, social and governance principles?