27 min
What Is E.S.G., and Why Are Republicans So Mad About It? The Daily
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- Daily News
The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.
But critics of that investment strategy, mostly Republicans, say that Wall Street has taken a sharp left turn, attacking what they term “woke capitalism.”
Guest: David Gelles, a climate correspondent for The New York Times.
The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.
But critics of that investment strategy, mostly Republicans, say that Wall Street has taken a sharp left turn, attacking what they term “woke capitalism.”
Guest: David Gelles, a climate correspondent for The New York Times.
27 min