Why Oil And Gas Stocks Keep Leaking Into 'Green' Investments

  • 📰 Forbes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Why oil and gas stocks keep leaking into 'green' investments: by DavidGDawkins

Share to linkedin

Investment fund giant Vanguard disclosed last week that $500 million exchanged-traded fund that was meant to “specifically exclude” stocks linked with fossil fuels and other vice industries had been investing in companies like oilfield services provider Schlumberger.

Funds ensure that returns from ESG investments are comparable to non ESG investments by swapping out the environmental, social, governance for options close in orbit to the very thing they’re seeking to avoid.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DavidGDawkins 👁️ 👁️👁️ 🤔🤔🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines