“Even as billions of dollars diverts toward firms scoring higher on environmental, social and governance measures, the funding costs for bad actors has hardly budged, a study has found.”

[COMMENTARY]The better way according to this study is for asset owners to directly engage with the companies.
Dumping stocks to punish bad corporate behavior has tiny impact, by Tasneem Hanfi Brögger and Sam Potter, October 9, 2021, Bloomberg on Business Standard, India.