OPINION: The war in corporate America between faithful investing and woke investing
BLACKROCK CEO REPORTEDLY ‘ASHAMED’ OF ESG POLITICAL DEBATE: ‘MISUSED BY THE FAR LEFT AND THE FAR RIGHT’
Some of the earliest"negative screens" for investments in modern society can be traced to Methodist minister John Wesley, who decried investing in alcohol, tobacco, or other"sinful" industries. Some of these values will overlap with those of ESG investors. Many won’t. These faith-based frameworks represent an understanding that capital, indeed, has influence, and that the privilege of wealth is complemented by a responsibility to use it well. The faith driven investing space is currently small. Shariah finance is ascendant in certain markets.
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