ESG

19 April 2022

Many funds are simply not allowed to touch (cyclical) profitable sectors that have the potential to become more secular. ESG says no.
How long before perceived "dirty" industries are forgiven and resources goes the way of vice-tech (eg gambling)?
Some vice-tech doesn't trade at a discount for being "socially friendly" because the pool of profit is simply too great. Can this happen in the future?
Another pain point would be a transition in the ESG space.
How long before funds are going to their ESG committees to say something like "energy security is our social responsibility"?
Are you paying your manager to make money or be "responsible"?

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