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Daniela Gabor on the Critical Case Against Private Sector ESG
Odd Lots
Are You Investing in Green Companies?
I think it comes down to confusion over exactly what e s g is supposed to be. Is it supposed to be that youare investing in good companies or pro? I don't think we've figured that out yet. For regulators, it is important to accelerate the shift in financial flows away from carbon activities towards green activities. But should we rely on investors to sort of try to discipline corporations? That's a more difficult question to answer.
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