The Rise of ESG: A Couple of Not-So-Convenient Truths

You’ll recall that ESG (environmental, social, and governance) as a standalone investment approach emerged from the socially responsible investing (SRI) movement over 15 years ago. The idea centered around “screening out” unlikable companies thought to have environmental, social, or governance issues. Since its first mention in 2006, ESG has taken a shape that has literally changed the marketplace to the point that it drives product decisions made today by the world’s largest asset managers and owners. And yet, just about everything folks think they know about ESG, and its remarkable growth is entirely wrong.

Read the full article here: The Rise of ESG: A Couple of Not-So-Convenient Truths

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