“Scores of new funds are claiming to practice environmental, social and governance investing, but their managers are failing to put in the work of determining whether companies they own adhere to those standards. And that’s leading to style over substance, two long-time ESG portfolio managers said in an interview.”

[COMMENTARY]There are some useful insights in this article concerning ESG ratings. However, I stand by my contention that just as investors have differing views about a stock, so should ESG raters have different opinions too. However, I do believe that ESG raters need to be transparent about their methodologies and market performance integrated into their data.
Today’s widely adopted ESG ratings and net-zero pledges are mostly worthless, two pioneers of sustainable investing say, by Debbie Carlson, December 28, 2021, MarketWatch, USA.