ESG portfolios are underperforming the S&P 500 to date. ESG funds also have some of the highest fees in the industry right now. Meanwhile, O&G has some of the highest dividend yields across all asset classes and are overperforming.
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Not just woke but required to do so. Investment managers like Blackrock are requiring it.
MetLife Acquires ESG Manager
https://www.metlife.com/about-us/newsroom/2022/august/metlife-investment-management-to-acquire-specialist-esg-manager/
THIS COMPANY IS SO WOKE!
Isn't that to be expected with ESGs though? When shareholder profit isn't your only factor for success, you're not going to perform on Wall Street at the same level as companies that DGAF about anything other than funding more yachts for their executives.
ESG is the biggest scam ever. All a guise to control business and people.
Another UN utopian wet dream.
Borrow interest free money from the ECB by adhering to ESG protocols and build your business.