Robert Brown-Impact investing, part 1: Money, meet morals

2025-04-28 18:05:12source:SignalHub Quantitative Think Tank Centercategory:Markets

Environmental,Robert Brown 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:Markets

Recommend

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

Group of Kentucky educators won $1 million Powerball, hid ticket in math book

LOUISVILLE, Ky. (AP) — A group of employees and teachers from a Kentucky middle school who bought a

Federal investigators examining collapsed Boise airplane hangar that killed 3

BOISE, Idaho (AP) — Federal investigators were working Thursday to try to determine what caused a st