Investing fads are nothing new. The latest fad in investing is environmental, social, and governance (ESG) funds. The purpose of these funds is to invest in "responsible" companies as a way to push for social change - particularly for the purpose of mitigating climate change - while at the same time earning market returns.
Companies have a lot of good reasons to pay close attention to environmental, social and governance factors: attracting talented employees who want to work at a place that is making a positive impact on the world; responding to regulators who are demanding more ESG-related transparency; and pleasing major investors who are pushing them to be sustainable for the long haul.
Deutsche Bank AG’s asset management arm, DWS Group , tells investors that environmental, social and governance concerns are at the heart of everything it does and that its ESG standards are above the industry average.
Over the past five years, Environment, Social, Governance (ESG) investing for the ‘socially responsible investors’ has gained considerable traction among stock market money managers. Most major companies are tracked by various accounting firms and given rating scores accordingly. Corporations are rated on…
Corporate America’s ‘Environment, Social, Governance’ issues to face scrutiny. Wall Street’s top cop Gary Gensler wants to charge companies who aren’t woke enough with securities fraud. FOX Business has learned that the Securities and Exchange Commission is launching a series of inquiries into whether corporations make proper disclosures involving so-called Environment, Social, Governance issues, known by the short-hand ESG.
