Analysis of pushback against ESG investing in the US and potential for a rebound

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The chapter addresses the resistance seen in the US Congress towards ESG investing, particularly from Republicans who view it as prejudiced against oil and gas companies. This resistance has caused hesitancy among investors, but there is optimism that ESG investment may resurge if interest rates drop and sustainable funds exhibit better performance.

Far right parties make significant gains in the European Union elections, opposition politician Benny Gantz has resigned from Israel’s emergency government, and Iranian authorities have disqualified prominent moderates as candidates in the snap presidential election. Plus, global investors are turning their backs on sustainability-focused stock funds.

Mentioned in this podcast:

Far-right parties make significant gains in European parliament elections

Investors pull cash from ESG funds as performance lags

Iran promotes hardliners as presidential candidates

Benny Gantz resigns from Israel government over Gaza

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prarkiti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

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