“It is easy to unintentionally finance autocrats by using benchmark indices, which often include bonds and stocks of countries slipping down the democracy rankings. Despite best intentions, an investor may be investing in Russia’s invasion of Ukraine or supporting a leader like Hugo Chavez without realizing it. This is the kind of situation Beyond the ESG Portfolio sheds clear light on.”

For more information, visit Beyond the ESG Portfolio: How Wall Street Can Help Democracies Survive, by Marcos Buscaglia, McGraw Hill, January 30, 2024.