https://andrewsheves.com/tags/so-what/Recent content in So-What? on Andrew ShevesHugoen-usMon, 03 Oct 2022 00:00:00 +0000https://andrewsheves.com/2022/10/03/esg-is-under-attack-so-what/Mon, 03 Oct 2022 00:00:00 +0000https://andrewsheves.com/2022/10/03/esg-is-under-attack-so-what/<h2 id="esg-under-attack-as-woke-capital">ESG under attack as ‘woke’ capital</h2> <p><em>This post originally appeared in the ‘So What’ newsletter on July 1, 2022</em></p> <p>In a lot of recent coverage, ESG (environmental, social &amp; governance) is being termed ‘woke’ capitalism by both supporters and detractors of the investment class. This perception further strengthens the sense that, rather than measuring how well a firm or fund performs in some important non-operational ways, ESG is nothing more than a form of virtue signaling and/or a scam.</p>