If things continue like the past few weeks, it may be a little tough to prove the case for ESG investing based on stock market returns this year. The question then becomes whether ESG investors are producing real-world outcomes. What kind of report card will scientists, rather than Wall Street, give them?
“Stewardship is the way investors can have influence,” PRI’s Paul Chandler said at the time. “But we’re not convinced the aggregate effect of all that stewardship is delivering enough impact on the systemic risks we face.”