July 2022

Financial Pulse: ESG Runs into Category Confusion

One of the unforeseen consequences of the war in Ukraine has been a re-evaluation of industry categories hitherto understood to be contrary to economic, social, and governance (ESG) principles. This, in turn, has also exposed the limitations of ESG as a convenient catch-all term for ethical investing.

What's Covered?

  • Energy and defense sectors turn “green”
  • Slowdown in sustainable funds flows
  • Social issues falling behind in ESG considerations