How ‘sustainable’ are ESG funds?
Which?
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The Problem With Labeling an ESG Fund
Only two percent said their favorite ESG strategy would be investing in controversial companies. Both BlackRock and Vanguard defend these particular investments on the grounds that firms like Chevron have committed to net zero emissions by 2050. Stuart Forbes, co-founder of RISE ETF: "When you see something that says sustainable, that's a higher standard than ESG"
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