“The Wall Street Journal recently ran an article about how big technology stocks dominate ESG funds. Tech companies are not usually associated with the big ESG issues like climate change, renewable energy, or diversity. So, are investors being fooled?”
[COMMENTARY] The writer makes a good case for materiality. This article is well worth reading.
Don’t Be Fooled by Most ESG Rankings. Focus on Materiality Instead, by Emily Steinbarth, Advisor Perspectives, April 8, 2020, USA.