A Brief History of ESG
Environmental, social, and governance (ESG) investing is used to screen investments based on corporate policies and to encourage companies to act responsibly. The concept has proliferated through the various types of equity investing from private equity, to the agendas publicly traded mega corps and more recently into the ever changing world of venture capital. While the concept is commonly understood by capital allocators and retail investors alike, the practice of takign a more conscious aproach to investing is new.
ESG as we know it was first coined by the United Nations Compact in 2004, but the concept goes back much further.
ESG has been frameworked into oblivion and many investors lament the arduous requirements for reporting as a pain point and a real impedement to developing real, bonafide success in the space.
A Bitter Backslide
Environmental, social, and governance (ESG) investing is used to screen investments based on corporate policies and to encourage companies to act responsibly.
Facts on the ground
—> enviornment
—> economic inquities
—> corporate greed (palestine)
The Ugliest Truth
Environmental, social, and governance (ESG) investing is used to screen investments based on corporate policies and to encourage companies to act responsibly.
It sucks to be a minory building a business.
Ayn Rand at the centre. Examples like chip wilson, david sachs, bill acknmen.
The hardest pill to swallow the fact that ESG investing is not perfect. Cite performance of ESG funds + real examples of failed social entrprise.
A Seat Change in Motion
Environmental, social, and governance (ESG) investing is used to screen investments based on corporate policies and to encourage companies to act responsibly.
There is a generational divide.
Share of wealth is pummeling towards milennials.
Demographics are chagning rapidly. Underrepresented groups are still at massive disadvantages.