“Looking through an ESG lens may help tease out risks that might not necessarily be apparent in conventional financial analysis. By excluding the lower scoring ESG companies relative to their peers, some risk is managed out of the index.”

[COMMENTARY] I believe the anti-ESG movement is simply politics — largely fueled by fossil fuel interests. Looked at objectively, ESG is about enhancing corporate operational and financial performance. Thus, this continuing outperformance of the S&P 500 ESG Index over the S&P 500.
Why the S&P 500 ESG Index Continues to Outperform the S&P 500, by Payal Shah, June 26, 2024, CME Group, USA.