? “The current discourse on environmental, social, and governance investing yields two irresistible conclusions. The first is that fiduciary duty prohibits ESG investing. The second is that fiduciary duty mandates ESG investing. Wait, what? The situation is confusing, to say the least.”

[COMMENTARY]It seems to me that fund fiduciaries must account for ESG effects on the companies they own. Otherwise, they’re not looking out for their stockholders or beneficiaries!
Markets or Regulators: Who Decides on ESG? By Max M. Schanzenbach and Robert H. Sitkoff, October 20, 2022, Barron’s, USA.