The US conservatives are agitating in parliament against “socially conscious” investing. With allegations such as “greenwashing”, they hit sore spots, but threaten to exaggerate when countermeasures are taken.
A good environmental balance, social interaction with everyone involved and good corporate governance or in English ESG – this has been playing an increasingly important role in financial investments for years. The business with the mass-founded ESG funds was obviously so lucrative that the globally managed assets in this area now amount to around 2,500 billion dollars.
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