(Forbes) Investment firms of all shapes and sizes have been busy creating investment vehicles known as ESG-focused funds that in the last several years have attracted billions upon billions of dollars from investors looking to profit from companies that are seeking to address environmental, social, and governance matters in a constructive manner. No doubt some of the interest in ESG investing is due to the growing recognition of the existential risks posed by climate change and the need to address these issues in a timely manner. The many extreme climate events in the last few years show that we don’t need to watch movies like The Day After Tomorrow (2004) or the recent climate-change allegory Don’t Look Up (2021) to imagine the risks facing the planet.
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