“We do not expect the controversy about ESG investing to disappear anytime soon. Much of it is healthy, such as correcting for excessive claims that an ESG fund ‘will make the world a better place’ when there is no demonstrable way to show that it will.

Conservatives who complain that ESG investing is a way of forcing a social and environmental agenda on companies that has nothing to do with company profitability, perhaps even hurting it, need to look in the mirror if they are creating anti-ESG funds of their own. This is simply swapping out one set of values for another. Both are forms of Socially Responsible Investing.”

[COMMENTARY]This is an excellent article by someone at the pinnacle of academia who studies corporate ESG and sustainability performance.
The Politics of Values-Based Investing, by Robert G. Eccles and Jill E. Fisch, September 7, 2022, Harvard Law School Forum on Corporate Governance, USA.