Taming the ‘Green Frankenstein of Wall Street’
Where did ESG come from? Maybe it’s not surprising that, according to a 2022 report, the environmental, social, and governance (ESG) investing rules that have dominated corporate boardrooms in recent years began as “a half-baked idea among low-level U.N. staffers,” which soon grew into the “green Frankenstein of Wall Street.” The creators wanted some kind...