The Paradox of ESG

Opinion piece written for international organisation Business Fights Poverty. Syndicated by Bloomberg and Yahoo Finance, US.

ESG investing, while increasingly popular among investors, grapples with a fundamental tension: balancing the demand for sustainable practices with the pursuit of profit. This tension is evident in the controversial ESG strategies of BlackRock and the challenges businesses face adopting such practices, including legal risks and stranded assets.Ultimately, the effectiveness of ESG investing in addressing climate change hinges on aligning profit motives with environmental goals.

Original publication available here.