Benjamin Ashford|Impact investing, part 1: Money, meet morals

2025-04-28 18:17:23source:Ethermac Exchangecategory:My

Environmental,Benjamin Ashford 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:My

Recommend

The Louvre will be renovated and the 'Mona Lisa' will have her own room

PARIS — French President Emmanuel Macron on Tuesday presented renovation plans for the Louvre, the w

Biden’s $2 Trillion Climate Plan Promotes Union Jobs, Electric Cars and Carbon-Free Power

Democratic presidential nominee Joe Biden unveiled a $2 trillion clean economy jobs program Tuesday

A flash in the pan? Just weeks after launch, Instagram Threads app is already faltering

Just two weeks in, the new car smell’s already wearing off Meta’s latest Threads app. According to d