Episode Details

Last year, I argued (in a post and webcast) that ESG was the most over hyped, over sold concept in business, and in the year since, I have heard from those who disagreed with that view. While I would love to tell you that they changed my mind, they have only reinforced my view that ESG is a gravy train for consultants, measurement services and investment funds, and that their sales pitches to companies and investors that they can have their cake and eat it too will breed disappointment and cynicism. For those who want to do "good", outsourcing your value judgments to corporate CEO and investment fund titans will co-opt your mission , and I create a roadmap for putting that goodness into business and investing decisions, and
Slides: https://www.stern.nyu.edu/~adamodar/pdfiles/blog/ESGUpdate.pdf
Post: https://aswathdamodaran.blogspot.com/2021/09/the-esg-movement-goodness-gravy-train.html

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