Credit: erika8213/Adobe Stock ESG Thought Leaders Sort Out What Went Wrong, What's Worth Saving
"It's nebulous, and the more nebulous it gets, the more harm it's doing because it's not popular. And if you make it mean everything, then it means nothing," said Omeed Malik, president of the investment firm 1789 Partners.
March 01, 2024 at 03:11 PM
6 minute read
ESG has gotten too broad, too disaggregated from shareholder value and way too political. And while once a well-intentioned investment metric, it's now a marketing ploy.
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