Why ESG Investing May Be Doing More Harm Than Good
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Discussion with the co-author of Counterproductive Sustainable Investing: The Impact Elasticity of Brown and Green Firms: • Professor Samuel Hartzmark: Asset Pri...
ESG investing - that is investing that puts an emphasis on the environmental, social, and governance characteristics of companies - continues to be popular. Investors may want to avoid ESG-related risks, or to feel good about their portfolio, which are legitimate motivations. But how much good is ESG investing actually doing?
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