Current:Home > InvestImpact investing, part 2: Can money meet morals?-VaTradeCoin
Impact investing, part 2: Can money meet morals?
View Date:2025-01-07 13:30:42
In part one of our series on ESG investing yesterday, a former sustainable investor came down pretty hard on the concept. He articulated some of the most compelling arguments against ESG: it's challenging for money managers to actually consider the social impact of their investments without betraying their duty to maximize profits for their clients, and companies will inevitably care much more about the reputational benefits they get from promoting ESG than the true impact of actually practicing it
In today's episode, we hear from two voices on the other side of the debate. 15 years ago, ESG was in its Wild West era. Almost no companies released data on the social or environmental impact of their operations, or even bothered to keep track in the first place. ESG investing jobs just didn't exist. And since then ... it seems like things have gotten better? Data shows that many ESG-focused portfolios outperform traditional investments. Social impact has become a much higher corporate priority. Yes, ESG might not be perfect — but should it be here to stay?
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (49)
Related
- NFL coaches diversity report 2024: Gains at head coach, setbacks at offensive coordinator
- TikToker Caleb Coffee Hospitalized With Spinal Injury and Broken Neck After Falling Off Cliff in Hawaii
- Largest scratch off prize winner in Massachusetts Lottery history wins $25 million
- Utilities begin loading radioactive fuel into a second new reactor at Georgia nuclear plant
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave'
- QB Derek Carr is still ‘adjusting’ to New Orleans Saints, but he's feeling rejuvenated
- Georgia jail where Trump, co-defendants expected to be booked is under DOJ investigation
- Underground mines are unlikely to blame for a deadly house explosion in Pennsylvania, state says
- Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
- Gambler blames Phil Mickelson for insider trading conviction: 'He basically had me fooled'
Ranking
- Champions Classic is for elite teams. So why is Michigan State still here? | Opinion
- Federal judges rule against provisions of GOP-backed voting laws in Georgia and Texas
- Former soldier sentenced to life in prison for killing Alabama police officer
- Fired founder of right-wing org Project Veritas is under investigation in New York
- Trump has promised to ‘save TikTok’. What happens next is less clear
- Bachelor Nation's Kaitlyn Bristowe Shares Encouraging Message After Jason Tartick Breakup
- Fired founder of right-wing org Project Veritas is under investigation in New York
- Clashes erupt between militias in Libya, leaving dozens dead
Recommendation
-
Bankruptcy judge questioned Shilo Sanders' no-show at previous trial
-
Dr. Nathaniel Horn, the husband of US Rep. Robin Kelly, has died at 68
-
Human trafficking: A network of crime hidden across a vast American landscape
-
'Reservation Dogs' co-creator says the show gives audiences permission to laugh
-
Ryan Reynolds Clarifies Taylor Swift’s Role as Godmother to His Kids With Blake Lively
-
Clashes erupt between militias in Libya, leaving dozens dead
-
Biden administration sharply expands temporary status for Ukrainians already in US
-
'We probably would’ve been friends,' Harrison Ford says of new snake species named for him