In the United States ESG Economics Don’t Add Up
Commentary
In America, any and all discussion around the environment has turned into political fodder, and one of the latest maneuvers by unelected elites is an attempt to roll out an uncompromised ESG investment monitoring policy.
What Is ESG?
ESG investing centers around investing in companies that score high in the following tenants: the environment; social responsibility; and corporate governance. For a proper explanation of what ESG is, let’s take a look at the definition from MSCI, the index giant. MSCI has a widely accepted ESG rating system. For clarification: E is for environment, S is for social and G is for governance. The guidelines are as follows:…