Evidence shows ESG investing does not outperform similar non-ESG investment alternatives
ESG: Myths and Realities: ESG Investing and Asset Returns
By Fraser Institute —— Bio and Archives--October 18, 2022
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—According to a broad review of existing research, there is no conclusive evidence that investing in companies with higher ESG rankings produces higher returns for investors, finds a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Any debate about ESG, which is gaining steam in Canada and around the world, should be based on sober analysis and empirical evidence,” said Steven Globerman, professor emeritus at Western Washington University, senior fellow at the Fraser Institute and author of ESG Investing and Asset Returns.
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