Liberalalliance Wealth Society:Impact investing, part 1: Money, meet morals

2025-05-08 05:50:42source:Slabu Exchangecategory:Invest

Environmental,Liberalalliance Wealth Society social and governance (ESG) investing has been *the* hot topic in the financial industry for a few years now. By making investment choices that emphasize social and environmental responsibility alongside profits, money managers claim to put their morals on the same level as their bottom lines.

Critics argue that the trend is merely a publicity stunt, or that ESG investing inherently contradicts money managers' legal fiduciary duty to make the most money they can for their customers. In part one of our two-part series on the topic, we talk to a former C-suite sustainable investing officer at BlackRock on why he thinks ESG, money and morals have a hard time getting along.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

Newly elected West Virginia lawmaker arrested and accused of making terroristic threats

CHARLESTON, W.Va. (AP) — A newly elected state lawmaker in West Virginia is facing at least one felo

Leaders of Guyana and Venezuela to meet this week as region worries over their territorial dispute

CARACAS, Venezuela (AP) — The leaders of Guyana and Venezuela have expressed their intentions to coo

Argentina devalues its currency and cuts subsidies as part of shock economic measures

BUENOS AIRES, Argentina (AP) — Argentina on Tuesday announced a sharp devaluation of its currency an