"The externalities of the core business are now starting to be reflected in the stock price,” he said in an interview at Reuters Events’ ESG Investment North America conferenceIn an emailed statement, a spokeswoman for Coca-Cola said that the company was “committed to being a responsible business” and has invested globally to increase bottle and can recovery while already using at least 50% recycled content in all packaging.
Ubben also decried what he called the “productizing” of ESG investing through exchange-traded funds, products that invest in a basket or index of stocks known as ETFs, saying they allowed investors to feel good but that their money was not being used to cause major change.and others own too many widely held stocks that satisfy “checklist” criteria but whose broader businesses could be problematic, Ubben said.
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they all are all the stocks they are vulnerable to a mean drop of 20% for many this is 30%
Wtf kind of name is Investor
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