Quote:
Originally Posted by Slava
Well the world has moved toward ESG (Environmental, Social and Governance) Investing. The money is there, no question.
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I feel like ESG has become such a buzzword, that's it's lost all material meaning. Everyone now just uses it as part of their marketing material to make themselves look good.
It's funny though when you look at supposed ESG-focused Index funds (such as
https://ca.finance.yahoo.com/quote/ESG/holdings?p=ESG), they are basically just made up of large-cap tech companies like Facebook and Amazon. Yes a company selling mostly disposable junk, treating workers like slave-like cogs, and putting everyone else out of business, is the epitome of responsible business.