An Inconvenient Truth About ESG Investing.

An Inconvenient Truth About ESG Investing.

“None of the high sustainability funds outperformed any of the lowest rated funds… companies in the ESG portfolios had worse compliance record for both labor and environmental rules.”

[COMMENTARY]Though this writer got published in a highly prestigious journal, it seems he was quite selective in his choice of papers to include in this article. To me, this article speaks more about greenwashing among green funds than about their performance.
An Inconvenient Truth About ESG Investing, by Sanjai Bhagat, March 31, 2022, Harvard Business Review, USA.

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