Does ESG investing make money? The trouble with asking about environmental, social and governance investing is that it isn’t a thing that can be measured—or rather, it is lots of things all measured differently. That hasn’t stopped the U.S. Department of Labor proposing a new regulation to prevent pension funds from using an ESG approach unless they expect it to make more money. The suggestion has fund managers spluttering. Of course ESG investing makes money, they say.

Source: Wall Street Journal July 15, 2020 11:03 UTC