ESG to be standardised?

Interesting article from the FT regarding ESG and greenwashing. Thought I’d share and make people aware.

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For those of us who don’t have a Scooby about what ESG is, I’ve pre-Googled it for you.

Not hugely understanding how it impacts on Monzo, as they don’t invest their cash, but hey ho.

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Ah, so you’re the other person who didn’t (in my case, still doesn’t) have the foggiest :face_with_raised_eyebrow::smirk:

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I didn’t know either. Can’t be bothered to read three pages of article.

Can you precis please @CuriousGeorge?

Shouldn’t it be ESCG? Or is that already taken?

:man_shrugging:

I mean I shared it because I thought it was worth a read… :upside_down_face:

This is the ESG I like…

No thanks then. If you can’t be bothered to explain why you thought it’s worth my time, I can’t be bothered to read it.

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But it’s worth your time to reply?

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In short it is about Environmental Social Governance (ESG) investments and how there should be a set standard as many funds are greenwashing. Greenwashing in terms of not being transparent how clean the the companies are when being invested in.

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This feels awfully niche…:confused:

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It is but it is becoming increasingly popular, more so by the younger generation.

Maybe this article might get people thinking differently about ESG / environmental investing.

This has been a bugbear for green investments since forever. All we need really is a simple way to see if a fund matches our criteria for acceptability. Impossible for the average consumer without a solid standard.

This thread shows that ESG is not exactly a widely discussed topic yet, but I think the heat around it is only just going up.

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ESG, ethical and impact investing unpacked and discussed here

Fintech Insider Podcast by 11:FS: 466. Insights: ESG and sustainable investing - the ethical future of finance

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This article is a good intro about the difference between ESG and impacting investing for dummies.

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