Who killed the ESG party?

[kiwi2007]

"...you could not critique ESG without the risk of loosing your job..."

Who killed the ESG party? | FT Film (Free to watch)
ESG investing was until recently a buzzword in global finance, the party was in full swing, the marketing material was everywhere and the money was rolling in. But asset managers are no longer boasting about their environmental, social and governance credentials after poor performance, greenwashing scandals and a political backlash in the US. So who killed the ESG party? This film looks at the suspects.

https://www.ft.com/video/1eeebd90-25d4-4421-a175-deedcdbf9c18

A great watch.

[KW]

Jenny Ruth article (released from paywall) on the horrendous costs of ESG compliance on NZX companies.  The world truly has gone insane.
https://justthebusinessjennyruth.substack.com/p/aussie-rules-i-dont-like-them

Lets hope Trump starts a new trend in canning this insanity, and our Govt follows suit.  

[Ferg]

I agree KW.  It could be this was a contributing factor to a couple of listings de-camping to the USX.  The compliance costs are insane.