2min chapter

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Two Indicators: The fight over ESG investing

Planet Money

CHAPTER

ESG Matters to Profitability, but Every Company Needs a Social Purpose

Larry Fink wrote a letter in 2018 saying that ESG matters to profitability, but also every company needs to have a social purpose. Tarek: This was huge for the industry and for Tarek and his new job. "There was more fuel in the gas tank of sustainable investing," he says.

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