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

2025-05-04 02:05:13source:Maxwell Caldwellcategory:News

Environmental,Poinbank 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:News

Recommend

Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing

LOUISVILLE, Ky. (AP) — The U.S. Justice Department and the city of Louisville have reached an agreem

Patrick Mahomes out to prove his Super Bowl focus won't be shaken by distractions

LAS VEGAS – Let Patrick Mahomes tell us what it takes to handle the pressure of the big stage. Lord

The wife of a famed Tennessee sheriff died in a 1967 unsolved shooting. Agents just exhumed her body

NASHVILLE, Tenn. (AP) — Authorities have exhumed the body of the wife of a famed former Tennessee sh