Capitalism has come under predictable scrutiny as the business elite become fabulously wealthy, often at the expense of customers, workers and the environment. The environmental, societal and governance movement is an attempt to remedy this, by forcing executives to manage ESG concerns responsibly.
The idea is that if we can find “good companies” — those that manage these issues well — people and the planet will benefit, and shareholder value will be created too. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Greenwashed: How marketing departments hijacked ESGEnvironmental, social and governance concerns have become the buzzwords of investment. But how many banks and fund managers are simply paying lip service to ‘doing the right thing’? And how does the sector get beyond this noise, and inject real meaning into responsible investing?
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