Billionaire Donor: ESG is Out of Touch with Americans Who Care Most About How Companies Treat Workers

Hedge fund billionaire Paul Tudor Jones, a donor to Democrats and Republicans alike, says Environmental, Social, and Governance is out of touch with the majority of Americans who prefer companies to be focused on how they treat their workforce rather than prioritizing progressive pet issues.

Meanwhile, less than 12 percent of Americans surveyed said the top priorities for companies should include minimizing pollution, using sustainable materials, combatting global warming, and efficiently using resources to protect the environment.“ESG is incorrectly characterized. Certainly, by what the American public tells us, it should be SGE,”CNBC this week, noting that Americans care vastly more about workers’ rights over a company’s environmental stance.

But what if ESG Investing style makes more money? Many studies show this is true.

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