(1) Let's try to keep this civil and try to back up any points of discussion with empirical evidence.
(2) Leave the name calling and personal attacks in the playpen.
(3) Take any political comments to the Off Topic (off-topic-f15/) section.
A friend and former colleague graduated from the Munk School of Global Affairs & Public Policy. For the past few years, he has been talking about aspects of "Environmental, Social, and Governance" (https://www.investopedia.com/terms/e/en ... iteria.asp) and how it would fit into businesses in the future. Mostly the E and G.
Largely, he bored me when talking about this.
A few years ago, one PM needed to invest in a certain utility. After booking the trade, he came back and asked to break the trade because this particular utility didn't meet the clients ESG guidance. The utility had some nuclear exposure. That was my first real life ESG exposure.
The market has changed significantly since then with specific ESG mandates, ETFs etc.
This morning Deutsche Bank (https://www.dbresearch.com) published a research article called "Davos 2020: We need to talk about
(sustainable) growth..." (https://www.dbresearch.com/PROD/RPS_EN- ... 504064.pdf)
Agree or disagree, it seems like they put a great deal of effort into producing this.
I don't have in mind any particular direction for this thread to go, nor do I have any particular point to make. Generally, this is not in my forethought when making investment decisions, although my own sense of right and wrong may sway me.
If the thread dies on the vine or gets downvoted, NP.
The preamble that DB sent out with the link lead me to think of creating this thread. I do not have any affiliation with DB.