How Green is Green?

We have previously discussed the issue of definition for funds purporting to offer an emphasis on focused investment themes.  See our blog of April 14, 2021 titled How Many Raisins in a Box of Raisin Bran, in which we suggest that the fund manager decides what is a raisin and what isn’t. Now the European … Continued

Fossil Fuels: Big Companies Divest, Small Companies Invest

Major oil and coal mining companies are selling billions of dollars of assets to bolster their finances, to reduce carbon emissions and to gain favor with ESG (environmental, social and governance) investors.  The buyers: typically smaller competitors that are wagering that fossil fuels will remain the world’s main energy source and that underinvestment by larger … Continued

ESG and ERISA

We recently posted a blog titled “What is ESG” that attempts to explain the ideas behind socially responsible investing.  ERISA (Employee Retirement Security Act of 1974) protects American’s retirement assets by implementing rules that qualified plans must follow to ensure that plan fiduciaries do not misuse plan assets. Many investors, understandably, want to do good … Continued

What is ESG?

ESG stands for environmental, social, and governance, which are the three central factors in measuring sustainability and societal impact of an investment.  The concept of socially responsible business behavior is not new; it is controversial and is difficult to measure.  Investors should be aware of this issue and recognize that, to a considerable degree, acceptance … Continued