The Dark Side of Sustainable Investing: Unpacking the Controversy and Opportunity in ESG Funds
As the world grapples with the challenges of climate change, social injustice, and economic inequality, sustainable investing has emerged as a beacon of hope for those seeking to align their financial goals with their values. However, beneath the surface of this trend lies a complex web of controversy, greenwashing, and profit-driven motives that threaten to undermine the very purpose of sustainable investing. One of the primary criticisms of ESG funds is that they often prioritize profits over actual environmental and social impact, allowing companies to reap the benefits of being perceived as sustainable without making meaningful changes to their practices