Environmental, Social and Governance (ESG) Investing: Hope or Hype?
Everybody wants to do the right thing for our planet. We want to reduce pollution, keep the world from warming up, and fight for clean air and water. We also want to do the right thing when it comes to people: Encourage diversity, stop sexual harassment and support fair labor practices.
And when it comes to investing, we want companies that embody the same beliefs: companies that don’t hurt the earth or the people on it.
That’s the idea behind environmental, social and governance investing, also known as ESG investing and socially responsible investing (SRI).
Putting your money where your beliefs are: It’s getting ever more popular. As of 2020, more than $17 trillion has found its way into funds that specialize in ESG. But is ESG investing really going to save the planet, or is this another clever package Wall Street is using to wrap up your money?
We’re about to find out. Because that’s what this week’s “Money!” podcast is about. We’re going to look under the hood of ESG investing and when we’re done, you’ll have everything you need to decide whether it’s fantastic or fad. And we’re going to do it without making your eyes glaze over.
Sit back, relax and listen to this week’s “Money!” podcast:
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