VANCOUVER—Corporate charitable giving driven by ESG could produce more harm than good when it comes to overall charitable donations, warns a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“While charitable giving helps organizations that receive donations and improves the image of corporations, there’s a downside to corporate philanthropy,” said Dr. Marvin Olasky, a Discovery Institute and Acton Institute fellow, and author of Corporate Philanthropy: Stay in Your Lane, the latest installment from the Fraser Institute’s essay series on the ESG movement.
