ft.com
A political “war on woke capitalism” has soured sentiment towards investing according to environmental, social and governance (ESG) principles — delivering a blow to the whole concept of doing well by doing good. But behavioural scientists reckon that those asset managers predicting that “ESG will be dead in five years” are ignoring fundamental truths about how investors act. They have found that, while political storms might blow through investment communities, people’s underlying values chan…
almost 2 years ago