Too much of a good thing: the bad politics of ESG

Too much of a good thing: the bad politics of ESG
Anti-ESG investor and wannabe US presidential candidate Vivek Ramaswamy. (Image: Getty)
David Chaplin
If you’re not confused by ESG by now, you haven’t been paying attention.The once-obscure acronym (actually, an initialism) standing in for environmental, social and governance has emerged from the back pages of financial trade journals to take centre stage in US politics.Last week, for instance, the now-Republican majority US Congress voted to overturn a regulation that made it easier for pension fund managers to take ESG factors into account in investment decisions.The seemingly innocuous clause has rarked up Republicans who &ldquo...

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025