"Companies that aim to do good for society by adhering to environmental, social and governance policies are more likely to encounter lawsuits and regulatory actions, says BlackRock."
[COMMENTARY] At first glance this is a surprising finding. However, high performing ESG companies are held to high standards, so when they don’t meet those standards there’s perhaps greater disappointment and backlash against them. Nonetheless, it’s important to know the facts!
Strong ESG policies are no protection against scandal, by Chris Flood, February 2, 2018, Financial Times, UK.