Fastexy|Impact investing, part 1: Money, meet morals

2025-05-05 06:03:16source:Phaninc Exchangecategory:Finance

Environmental,Fastexy social and governance (ESG) investing has been *the* hot topic in the financial industry for a few years now. By making investment choices that emphasize social and environmental responsibility alongside profits, money managers claim to put their morals on the same level as their bottom lines.

Critics argue that the trend is merely a publicity stunt, or that ESG investing inherently contradicts money managers' legal fiduciary duty to make the most money they can for their customers. In part one of our two-part series on the topic, we talk to a former C-suite sustainable investing officer at BlackRock on why he thinks ESG, money and morals have a hard time getting along.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Finance

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

Who’s to blame for college football conference realignment chaos? Here are top candidates.

Arizona State President Michael Crow recently tried to explain why there has been so much sudden ins

After Ohio Issue 1's defeat, focus turns to abortion rights amendment on November ballot

Washington — On the heels of Ohio voters' rejection of a proposal to make it more difficult to amend