ESG rules are not for every company. Investors are free to choose at their discretion to invest in any company that chooses ESG guidelines – or not.
But when fund managers use investors money to push their ESG ideology, then that not good. When it lowers the fund returns, then investors need to pack up and find another fund that puts their interests first. Or stay with the lower returns so they feel warm and fuzzy.
ESG rules are not for every company. Investors are free to choose at their discretion to invest in any company that chooses ESG guidelines – or not.
But when fund managers use investors money to push their ESG ideology, then that not good. When it lowers the fund returns, then investors need to pack up and find another fund that puts their interests first. Or stay with the lower returns so they feel warm and fuzzy.