[MtnClimber]

ESG funds performed worse, with most losing 2.5% to 6.3%. A simple index composed of only neutral companies gained 2.9%, significantly outperforming both broad-market and ESG indexes in up and down markets.

[Jim W N]

What is “ESG”?

[Zathras]

Investing in political correctness is always a bad idea.
Unique products, a solid bottom line, excellent R + D, CEO and customer loyalty are way more important.
This is why Disney is in serious trouble.
Products are not unique, they have pissed off 50% of their customers and their prices are out of control.

[FreedomForce]

ESG caused Silicon Valley Bank to fail. No idea if that’s true or not but putting that thought into people’s heads is probably a good thing, true or not.

[Chode]

people buy those stocks to feel good about themselves...

[boycott]

Here is the ESG reporting from Silicon Valley Bank ...

https://www.svb.com/about-us/living-our-values/esg-reporting

As you can see on the ESG page, they were even offering reporting for the WORLD ECONOMIC FORUM ....
https://www.svb.com/globalassets/library/uploadedfiles/wef-index-2022.pdf

Seems banks might need to get back to focusing on sound banking.

[lepton]

It’d be nice if we could see enough to evaluate their methodology to see how strong it is.