I've been getting quite a number of questions from people who want to know about something called Environmental, Social, and Governance Investing - ESG for short. It has to do with evaluating companies based on things like corporate climate policies, how they deal with pollution and waste, natural resource conservation, and if they are aware of things such as diversity, equity and inclusion, etc.
This type of investing isn't new; in fact, it's been around for almost 20 years. ESG really took off around 2015, when investors, having been burned by the corporate malfeasance that led to the 2008 meltdown, had some extra funds to invest as the markets recovered.
So what's my take on all of this? Is it really all it's cracked up to be? I've got some insight that may surprise you (or not).
Tune in to today's episode and learn all about how to CAPitalize Your Finances with ESG... or not.