Sparklines

The Reality of ESG Is Messier Than the Stark Politics Around It

Board attitudes to the investing strategy are mixed and shareholder enthusiasm has waned, but the backlash against it has had limited impact. 

Photographer: Waldo Swiegers/Bloomberg
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Read a high volume of US financial news and it’s hard to miss the three conjoined letters E, S and G. Environmental, social and governance investing is a way for investors to screen company performance; it’s also become a political football in the US. Depending on your perspective, the concept may seen in need of rebuilding or beyond repair.