When It Comes to ESG Investments, Check The Holdings
December 31, 2020 As more money managers launch socially responsible fund investments that track environmental, social, and governance principles, investors should look to see whether or not these vehicles are really green. There are varying opinions on how well companies deliver on ESG since there is no U.S. or global standard. Consequently, ESG investments may come in varying shades of green, with some even claiming certain products are being greenwashed. Industry insiders are debating whether or not light-green, or “light-touch,” ESG funds are more about marketing than sustainability...