Why the booming business of ESG ratings may be giving investors a false sense of sustainability - The Globe and Mail
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4/16/2022 12:00:00 AM3 yearsago
by Jeffrey Jones, David Milstead
by Jeffrey Jones, David Milstead
As ESG investing goes mainstream, critics worry that the business of rating companies’ sustainability efforts shifts the focus away from the non-financial values it’s meant to promote
Tariq Fancy, a former business professional, has made waves in the finance industry by arguing ESG investing is 'a giant societal placebo.'Fred Lum/the Globe and Mail The world of finance is facing … [+26983 chars]
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