AQCAN:Impact investing, part 1: Money, meet morals

2025-05-01 23:01:45source:Roland Prestoncategory:Invest

Environmental,AQCAN 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

Former Milwaukee hotel workers charged with murder after video shows them holding down Black man

MADISON, Wis. (AP) — Prosecutors in Milwaukee have charged four hotel workers with being a party to

Selena Gomez Claps Back at “Sick” Body-Shaming Comments After Emilia Perez Premiere

Selena Gomez is standing up for herself.Following the 32-year-old’s appearance at the premiere of he

US Rep. Lauren Boebert will find out whether switching races worked in Colorado

Follow live: Updates from AP’s coverage of the presidential election. DENVER (AP) — Republican U.