ESG, explained: The investment strategy being pulled into America’s culture wars : NPR

Let me begin by quoting the last paragraph (beginning with the end in mind):

“Taking climate risk as investment risk is just good business,” says Henisz of the Wharton School. “Now, we can argue about how we do it and who does it well and who does it poorly. That’s a legitimate argument. [But] the idea that ESG is ideological and not economics is a political argument.”

The article, in my opinion, does a great job describing what ESG is and how it connects to investment decisions. It is yet another example of where politics should be set aside in order to clearly see the facts of the matter. Speaking of facts, it sure was hot in Sacramento last week…

Stay cool my friends,

-Dr. Moore

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