May 13, 2024
Funds

What ESG Funds Can And Cannot Achieve

ESG funds, which are mutual funds and exchange traded funds (ETFs) that consider Environmental, Social and Governance factors in their investment decisions, are plagued by vitriol and misinformation. This partly stems from the amorphous nature of the term, “ESG.” I am reminded of the parable of the blind men and the elephant: in James Baldwin’s

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