Economic impact of ESG finance hard to measure
To some spectators, many ESG funds engage in greenwashing, making little serious attempt to boost sustainability. To others, this movement is part of a woke agenda that unfairly bashes the energy industry. Yet, “not yet proven” is the conclusion of a new Luxembourg report about the effect of ESG investing on the global economy, and thus ultimately the environment and society.
Sustainable Investment Week: Why ESG has to be strategic
ESG isn’t a project. It isn’t about appointing a team who can bolt sustainability on to an asset management operation. To win the trust of investors, staff, regulators, civil society, the press, ESG must be embedded in strategy, the LuxFLAG Sustainable Investment Week 2022 was told on Monday.