E s g stands for environment, social and governant standards for screening investment opportunities. Many a set managers seem to be taking advantage of people's naivety. Just ask elon musk, who tweated this last month: Es is a scam. It has been weaponized by fawny social justice warriors. And regulators are worried that many asset managers are not playing by the book. According to one's survey, forty four % of investors are concerned that the e s g investment landscape is replete with green washing.