Is the ESG industry a giant scam?

Victor Lei — Head of Research Trends

Between 2012 and 2021, the amount invested in U.S. sustainable funds has grown nearly 10x to $360B. ESG (environmental, social and corporate governance) factors are increasingly influencing our investment decisions — but ESG labels can be deceiving, and ESG funds come at a higher cost. The blurring lines with ESG Tesla is down nearly 10%…

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