NSI Community|Impact investing, part 1: Money, meet morals

2025-05-07 04:53:58source:James Caldwellcategory:Scams

Environmental,NSI Community 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:Scams

Recommend

This was the average Social Security benefit in 2004, and here's what it is now

Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i

Death of a Black man pinned down by security guards outside a Milwaukee hotel is ruled a homicide

MILWAUKEE (AP) — The death of Black man who was pinned to the ground by security guards outside a Mi

Does the alphabet song your kids sing sound new to you? Here's how the change helps them

Have your kids come home singing their ABCs to a familiar tune - but one that somehow sounds just a