“The public’s stake in protection against war is conspicuously absent from guidance on Environmental, Social, and Governance (ESG) parameters that have emerged in the capital market over the past two decades. Case in point: None of the 17 UN Sustainable Development Goals, agreed in January 2016, addresses the right to secure borders or deterrence to war.”

[COMMENTARY] This article offers interesting insight and perspectives on this current subject, a significant dilemma for many investors.
Defense of Europe as a Responsible Investment, by Stephen M. Davis, June 16, 2025, Harvard Law School Forum on Corporate Governance, USA.