50 shades of green

With the noise and interest in ESG investing reaching levels that would have been unthinkable a few short years ago, much of the analysis surrounding it is becoming polarised. A more sophisticated conversation and debate is required, argues Mark Versey, CEO at Aviva Investors.

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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.

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