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What Is E.S.G., and Why Are Republicans So Mad About It?

What Is E.S.G., and Why Are Republicans So Mad About It?

FromThe Daily


What Is E.S.G., and Why Are Republicans So Mad About It?

FromThe Daily

ratings:
Length:
27 minutes
Released:
Mar 13, 2023
Format:
Podcast episode

Description

The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.But critics of that investment strategy, mostly Republicans, say that Wall Street has taken a sharp left turn, attacking what they term “woke capitalism.”Guest: David Gelles, a climate correspondent for The New York Times.Background reading: How did environmentally conscious investing became a target of conservatives?Republicans are likely to keep making E.S.G. a political punching bag.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Released:
Mar 13, 2023
Format:
Podcast episode

Titles in the series (100)

This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.