The Phenomenal Rise of Esg Investing Has a Flip Side
By V. P. Nandakumar
These days, we hear a lot about a trend in the markets called ESG investing, and about all the money flowing into it globally. ESG stands for Environmental, Social, and Governance, being the three broad areas of concern that drive certain market players who regard themselves as “socially responsible investors.” They believe in going beyond the traditional concerns related to the profitability and risks of the business to also give due importance to ESG factors when evaluating an investment opportunity.