ESG will impose considerable harm on Canadian workers, doesn’t reflect the reality of how markets actually work

It’s Time to Move on from ESG


VANCOUVER—The ESG movement—which calls for public companies and investors in public companies to identify and voluntarily implement environmental, social, and governance initiatives—will cause substantial harm to the economy and workers, finds two new essays by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Investor support for ESG is starting to wane, which isn’t surprising as the considerable harms ESG mandates pose come to light,” said Steven Globerman, resident scholar at the Fraser Institute and author of It’s Time to Move on from ESG.

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