Despite Anti-ESG Attacks, New Study Shows Investors See Climate as Critical to Business Performance
By Michael Maslansky and Will Howard
In February, a group of major financial services firms withdrew from Climate Action 100+, a coalition of investors pushing companies to cut carbon emissions.
It was just the latest response to a conservative backlash against corporate environmental, social, and governance (ESG) policies. In a year that saw billions in net outflows from ESG-related investments, more than 100 attempts to pass anti-ESG legislation around the U.S. (which largely failed), and countless articles prematurely writing ESG’s obituary, a new caution around ESG may have seemed like a reasonable response.
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Source: Harvard Business Review (link opens in a new window)
- Categories
- Environment, Investing
- Tags
- climate change, decarbonization, ESG, research
