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'Woke capitalism' funds COLLAPSED by $13B last year - investors fled trendy 'ESG' investments over low returns, greenwashing and back-door leftist agenda - Vimarsana News

'Woke capitalism' funds COLLAPSED by $13B last year - investors fled trendy 'ESG' investments over low returns, greenwashing and back-door leftist agenda

Published: February 7, 2024

'Especially within the US, continued political scrutiny of sustainable and ESG strategies contributed to a chilling effect on demand for these funds,' said Alyssa Stankiewicz, a sustainability researcher.

Source: dailymail.co.uk
Related Topics:
United KingdomUnited StatesDavid LarckerAlyssa StankiewiczRock CenterStanford UniversityStanford Graduate School Of BusinessHoover InstitutionGen ZersProf David LarckerStanford Graduate SchoolWind FarmsWoke CultureClimate Change Global Warming
Millennials and Gen Zers ditch 'woke capitalism': Support plummets for socially-conscious ESG funds as TikTokers bash 'scam' diversity targets and 'greenwashing' - Vimarsana News

Millennials and Gen Zers ditch 'woke capitalism': Support plummets for socially-conscious ESG funds as TikTokers bash 'scam' diversity targets and 'greenwashing'

Published: January 15, 2024

Research shows that younger investors are quickly getting less keen on firms that tout trendy environmental, social, and governance (ESG) efforts - which is often mocked as 'woke capitalism.'

Source: dailymail.co.uk
Related Topics:
United KingdomDavid LarckerAmit SeruGenz TiktokStanford UniversityHoover InstitutionRock CenterStanford Graduate School Of BusinessGen ZersProf David LarckerStanford Graduate SchoolWoke Culture