“Rather than proposing improved definitions and metrics based on better data, The Economist argues that ‘it is better to focus simply on the E,’ for environmentally sound investments.”
[COMMENTARY]I agree with the writer of this article that The Economist’s proposal to focus on the environment at the expense of the social and governance aspects of ESG is too narrow. I’m not surprised by ‘establishment’ publications arriving at such a conclusion, however.
ESG is all about looking at all aspects of a company that relate to its activities and that promote its financial well-being over the short, medium, and long-term.
On ESG Investing, The Economist Offers The Right Diagnosis But A Faulty Prescription, by Michael Posner, August 17, 2022, Forbes, USA.