With President Biden’s veto of the Congress’s bipartisan joint resolution, ESG has been one of the hottest news stories in the financial world. Beyond the politics of it, proponents and opponents of the ESG push have their own reasons for staking out their positions. Would it surprise you to learn that self-interest plays a role?
What is ESG and how does it work?
At its most basic core, ESG is merely an extension of placing portfolio restrictions based on subjective, rather than accounting, factors.
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