(The New York Times) Russia’s invasion of Ukraine has upset the world order. It could conceivably alter the way some people think about investing, too.
At least that’s the view of two analysts with Citi, who argue that the height of social responsibility at this moment requires putting your investment money into the stocks of companies that make weapons.
“Defending the values of liberal democracies and creating a deterrent, which preserves peace and global stability,” is so important that weapons makers should be included in funds that carry an E.S.G., or “environmental, social and governance,” label, the two analysts, Charles J. Armitage and Samuel Burgess, wrote.
That labeling seems utterly bizarre for some E.S.G. investors, however.
Read more here.