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

2025-05-06 14:37:52source:CapitalVaultcategory:News

Environmental,Crypen 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

Turbulence slammed Hawaiian Airlines flight because of decision to fly over storm cell, report says

HONOLULU (AP) — A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instea

North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

Sonya Massey's father decries possible release of former deputy charged with her death

SPRINGFIELD, Ill. − James Wilburn, the father of Sonya Massey, who was fatally shot in her home this