What’s not black and white, but grey all over? Answer: ESG investing.
This might seem a strange assertion for a responsible investing advocate to make. Surely, I should be extolling the unbridled virtues of the discipline, particularly in the wake of recent high-profile criticisms of it? To do so would be disingenuous, however. Let me explain.
A series of examples reveal the contradictions and inconsistencies that a simple – un-nuanced – ESG lens finds hard to reconcile.