“For all the debate surrounding the use of ESG for investing, virtually no attention has been paid to a core tension in the ESG policies of major investors and rating agencies — the discordance of the ‘G’ from the ‘E’ and ‘S.'”
[COMMENTARY]Some years ago I remember reading research showing that most investment analysts considered the “G” — governance — as being the most important in the ESG framework. I believe as this article suggests that it’s foundational to engaging all the components of “E” and “S”!
It’s Time to Focus on the “G” in ESG, by Leo E. Strine, Jr., Justin L. Brooke, Kyle M. Diamond, and Derrick L. Parker Jr., November 18, 2022, Harvard Business Review, USA.