Critiquing ESG: Greenwashing and Systemic Change

This chapter examines the limitations and criticisms of ESG investing, arguing that it often serves as a facade for companies to maintain a sustainable image while prioritizing profit. It emphasizes the necessity of government intervention to effect meaningful change, as voluntary corporate compliance often falls short in addressing urgent societal issues like climate change. Additionally, the chapter explores the disconnect between ESG investments and tangible impacts, urging a reevaluation of strategies to drive real progress.