Why oil and gas stocks keep leaking into 'green' investments: by DavidGDawkins
Share to linkedin
Investment fund giant Vanguard disclosed last week that $500 million exchanged-traded fund that was meant to “specifically exclude” stocks linked with fossil fuels and other vice industries had been investing in companies like oilfield services provider Schlumberger.
Funds ensure that returns from ESG investments are comparable to non ESG investments by swapping out the environmental, social, governance for options close in orbit to the very thing they’re seeking to avoid.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As the U.S. faces a massive heat wave, don’t make these 3 mistakes when you turn on your air conditioningAs the U.S. braces for a massive heat wave, don’t make these 3 mistakes when you turn on your air conditioning
Read more »
How phonics took over English schoolsPhonics now seems firmly embedded in England's schools. Evidence suggesting it works is persuasive
Read more »
'Pretentious Foodie' New Mom Doesn't Understand Why Kid's Menus ExistMom says she doesn't understand why kid's menus exist.
Read more »
37 Important Questions I Had After Watching 'Stranger Things' Season 337 Questions I Had About Season 3 of Stranger Things After the Finale
Read more »
Are These The Only Actors Left Who Haven't Voiced an Animated Character?Why not Disney Princess Jennifer Lawrence or Kim & Kanye in 'Toy Story 4'?
Read more »
Art Laffer says the Federal Reserve should be controlled by the president and CongressArt Laffer said the Federal Reserve should be controlled by the president and Congress last week.
Read more »