“If the performance of ESG funds has been acceptable, which it unquestionably has been, and the underlying rationale for the practice cannot be dismissed, then the only reason left to oppose ESG funds is animus. Rep. Barr wishes to impede ESG investing because he dislikes its goals.”

[COMMENTARY] Over most periods that ESG funds have been available they either exceeded or at least matched the returns of conventional matched funds. Thus, the principal grounds for restricting them are not economic, but political. Anti-ESG protagonists do not believe in carbon-induced climate change.
The Politicians Who Oppose Investment Freedom, by John Rekenthaler, July 3, 2023, Morningstar, USA.