Industry News: ESG

ESG’s ‘Social License’ Will Endure Even If the Letters Don’t

Written by ESG | 15-Aug-2022 3:05:02 PM

2022-08-10

BNN Bloomberg: Much has been written about how Vladimir Putin’s February invasion of Ukraine raised geopolitical questions about why ESG-focused funds were even invested in Russia. Then markets tanked, with many huge ESG funds getting slammed for posting losses worse than those suffered by benchmarks, thanks to their massive holdings in beat-up tech stocks.

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