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Reason Magazine

Reason Magazine

Why companies are ditching ESG

Reason Magazine
Summary
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61% Informative

"Sustainability" investments became popular a few years ago .

Funds pushing ESG (environmental, social, and governance) were all the rage.

Peter Bergen : Most funds promoting "sustainable investment" did worse than the market.

He says this fad didn't just hurt investors; it hurt companies that America needs.

Bergen says today more companies are focusing on basic capitalism producing better products for less money.

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