Jim Surawiki says ESG funds don't do a great job of accomplishing much on lofty fronts. No government body or even industry body that is essentially saying this is what you have to be in order to call yourself and ESG fund. These rankings mainly come from rating agencies, right? So there are now quite a few of them. They're sort of like the ratings agencies for credit.
Republican presidential candidates have a bone to pick with ESG investments. So does James Surowiecki, contributing writer at The Atlantic.
This episode was produced by Jon Ehrens, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Michael Raphael with help from Patrick Boyd, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
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