Good morning,
I’m sharing the latest installment of our sister Substack publication, Angling Right, with you this morning. If interested in reading, subscribe below.
The Gist
Environmental, Social, and Governance investing, a cornerstone of stakeholder capitalism, is on its way out. But it’s not quite dead — yet. The vibe shift is occurring, but companies are reverting back to “sustainability” and related buzzwords.
OJ Oleka, CEO of State Financial Officers Foundation (SFOF), spoke to me about the future of ESG and how his organization is tackling this investment strategy-turned-progressive policy.
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Happy trails and tight lines, everyone!
Kind regards,
Gabriella Hoffman
Award-Winning Writer, Journalist, & Policy Analyst
I like your thought process. ESG is not quite dead yet, much like the Monty Python skit. - The oil and gas exploration and production firms are not going back to unsound capital and fiscal spending. ESG did do one good thing, and that is to instill good shareholder returns in the oil and gas space.