Todd Cort, a professor with the Yale Faculty of Management who specialises in sustainable investing, claimed that Even though the ESG label may significantly fall from use, underlying social and environmental issues would stay.
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BlackRock’s Larry Fink past yr explained he did not use the time period ESG anymore “since it’s been completely weaponised”.
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“US ESG flows are detrimental, and it might be a testimony to what is occurring from the context from the US with an incredibly polarised and politicised debate all over it that has frozen the conduct on that entrance,” said Elodie Laugel, Main accountable financial commitment officer at Amundi, which is the 2nd-greatest sustainable fund supervisor globally immediately after BlackRock.
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