Paying attention to ESG indicators isn’t meaningfully different than other types of risk assessment and mitigation strategies, it’s just a different one.

The merits of an ESG investment strategy aren’t debated on whether it’s financially viable, but characterized as the infiltration of leftist ideas into finance to redistribute capital from the rich to the poor.

I mean agree with it or not, it’s still taking woke principles, and using them as the measuring stick for businesses. And much like “ultra right beer”, the main reason it’s popular is marketing towards people obsessed with those politics, just esg is on the end of massive corporate investors who want to force society to change and put their money behind it, and the beer is appealing to a consumer base that wants to put their money behind their social values. Two sides of the same stupid coin, if you ask me.

Oh, and even the people who support esg shit Know it’s prioritizing politics over being a solid investing strategy.