ESG can guide investments toward profitable, impactful outcomes, no matter what the attackers say.
Should shareholders push companies harder on ESG goals?
Shareholders play a crucial role in improving a company’s performance. But a recent report found that some of the biggest asset managers in the world are backing only a small, and shrinking, percentage of shareholder resolutions that seek to improve companies’ treatment of employees, and assuage their environmental impact.
Asset managers argue some shareholder resolutions are too prescriptive.
“ESG” builds on ideas initially dubbed socially responsible investment, or SRI, which first took hold in the 1960s and 70s.
How upskilling and values can help address employee demands for ESG action.