
Does sustainable investing make any difference?
Business Daily
00:00
Is There a Change in the Market Place?
Larry fink was in charge of assets worth nine and a half trillion dollars. How much of that would you say was going towards anything sustainable or portive of behaviour? Nothing changed at all, i think, very little change in the sense that some stub of investments are now put into new vehicles which claim they can take your capital and align it better with your social goals. You're almost always paying more in fees for green or e sgi, environmental and social governance sort of funds. There's really absolutely no way to prove that is undemonstrable impact against any social imperative. At it effectively amounts to sort of moving money around in the markets. And it just can't be done
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