ESG jumps the shark

The Fonz jumped the shark first – now it's ESG's turn. (Image: Getty)

Wed, 02 Oct 2024

ESG has finally made it to the prime-time: TV.According to the Slate online magazine, season 3 of HBO investment bank-set series Industry shows its financial shark characters feed off the “real-life furore over environmental, social, and governance investing, also known as ESG investing”. The fictional bank borrows “oodles of money to invest in ESG-focused companies that turned out to be big stinkers” in a move that leads to near-bankruptcy for the 150-year-old British institution and a takeover by Egyptian gov...

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