Sustainable investing refers to a range of practices in which investors aim to achieve financial returns while promoting long-term environmental or social value. Combining traditional investment approaches with environmental, social, and corporate governance (ESG) insights has led to investors generating more comprehensive analyses and making better investment decisions.
Sustainable investing ensures firms aren’t judged solely on short-term financial gains but on a broader picture of what and how they contribute to society. Investors must think critically about investments’ potential impacts as they relate to environmental, political, and societal landscapes....
I thought the right wing political types were all about free enterprise. When the climate concerns grew and grew there were free enterprise solutions put in place. Now, because Republicans have no basis for any presence in government they are making up reasons to attack the free enterprise system because it doesn't worship oil anymore.
Will someone tell the GOP this is 2023 and not 1923. Please.
By Sharon Udasin and Saul Elbein
Members of the House Financial Services Committee (click here) sparred on Wednesday over climate disclosure rules, as the GOP-led body began the first of six hearings attacking sustainable investing.
The committee took aim at a rule proposed by the Securities and Exchange Commission (SEC) that would make it easier for investors to judge the climate risk of the companies they invest in.
Over the past decade, there has been an increasing push from investment firms for greater disclosure of information around corporations’ impact on climate change, as well as their exposure to associated risks.
Committee Democrats criticized Republicans for what they characterized as attacks on the free market.
“For over 100 years, the followers of Leon Trotsky and the Socialist Workers Party have waged war against the capitalist model. Today, elements of the Republican Party join them in that effort,” Rep. Brad Sherman (D-Calif.) said....
