Tag Archives: ESG

It would make sense that the growth of environmental, social, and corporate governance (ESG) funds would benefit an EV automaker like Tesla (TSLA). But why isn’t its stock getting an even bigger lift from ESG asset managers? Short answer: Not everyone in the business of socially responsible investments is convinced that Tesla, and its controversial founder and CEO, Elon Musk, is a pure play in the ESG world. To be sure, Tesla and its stock has made a lot of headway. “What they’re doing is… Source link

Disney (DIS) and Apple (AAPL) became the latest companies in the crosshairs of anti-ESG efforts after Vivek Ramaswamy, the executive chairman of Peter Thiel-backed Strive Capital, sent letters to the companies urging them to halt diversity audits and avoid making political statements. In the letter released on Monday, the “Woke, Inc.” author railed against the companies and financial institutions for promoting “one-sided political agendas.” Ramaswamy has been a vocal critic of the practice of… Source link

Our society is not just divided along political lines — media, culture, and even coffee shops have become delineated between red and blue. So perhaps it is inevitable that these fissures would come to the world of investing. I’m speaking about the growth of so-called ESG investing — which stands for Environmental, Social, and Governance — and the growing backlash against this trend. Battle lines are being formed in the heretofore apolitical, clubby world of money management. The roots… Source link

Interest in environmental, social, and governance (ESG) investing has taken off, and there’s no sign it’s slowing down.  And yet, when it comes to choosing assets that align with their values, investors are still relying heavily on brand perception rather than companies’ policies on ESG-related issues. A recent survey conducted by Investopedia and TreeHugger asked respondents to choose stocks that they thought performed best by ESG standards. Surprisingly, many of the top picks were middling… Source link

In the past few years, we’ve seen six ESG megatrends on the rise with trillions of dollars being invested into them, from cloud computing and clean water, to finance, resource efficiency and the mega of ESG megatrends–EVs. If 2020 was the year that broke the ESG bank. This year, and next, might see investors start to reap the rewards of Biden’s ultimate “green presidency”. In March, Biden unveiled a $2.3-trillion infrastructure plan. On Earth Day, Biden pledged to half U.S. greenhouse… Source link

Russian internet major Yandex made a call on ESG policies for investors, outlining the major priorities, BCS Global Markets wrote on June 10. As reported by bne IntelliNews, the recent St Petersburg International Economic Forum (SPIEF) has been dominated by the environmental, social and governance… Source link

Russian internet major Yandex made a call on ESG policies for investors, outlining the major priorities, BCS Global Markets wrote on June 10. As reported by bne IntelliNews, the recent St Petersburg International Economic Forum (SPIEF) has been dominated by the environmental, social and governance… Source link

Russian internet major Yandex made a call on ESG policies for investors, outlining the major priorities, BCS Global Markets wrote on June 10. As reported by bne IntelliNews, the recent St Petersburg International Economic Forum (SPIEF) has been dominated by the environmental, social and governance… Source link

(Bloomberg) — Bitcoin is nursing losses after its worst weekly plunge in almost a year and on one view its longer term outlook could be even worse because of environmental concerns and tightening regulations. The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing “most of its value over time,” BCA Research Inc. said. The expense and slowness of Bitcoin transactions make it… Source link