The 'sustainable' Investing Fad Is Based On A Wall Street-created Myth

There is no empirical evidence that investing in ESG funds helps mitigate climate change. Samantha Lee/Insider The latest investing fad is environmental, social, and governance funds that invest in "responsible" companies. But there is no evidence that ESG funds help mitigate climate change. Investors and the SEC should be wary of thinking these funds help the environment. Bernard S.

 

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