ESG Emphasis Causing Corporations to Lose Sight of Objectives
In this article for Townhall, Timothy Daughtry asserts that Corporate America is losing sight of its true objective – return on investment – in emphasizing ESG. He cites a letter from the Shareholder Equity Alliance that sums the problem up well: “[Most ESG programs] are sponsored by activist groups… to achieve social and cultural changes that are entirely unmoored from the interests of corporate shareholders.
