Why The Right Should Embrace Social Investing
Newsweek Europe|February 03-10, 2023 (Double Issue)
Forget 'woke' capitalism. Pay attention to what ESG data reveals about a company's long-term prospects
Nicholas Creel
Why The Right Should Embrace Social Investing

WITH REPUBLICANS NOW IN control of the House, many within their ranks have vowed to use their power to take on ESG (environmental, social and governance) investing, seeing it as a form of activist-driven "woke capitalism" that has no place in an analysis of a company's valuation or in making investment decisions.

However, ESG is far from "woke." In fact, ESG is best seen as a natural outgrowth of conservatism that has been rejected by Republicans out of pure partisanship, not ideological principle.

ESG gets its woke label because this sort of analytical framework also looks at non-explicitly financial data when deciding whether a company is worth investment. Qualities such as environmental and social impact are examined to determine the effect the company has on the world. Internally, this framework also looks at how the company is run, which turns on factors such as how inclusive and diverse it is and the degree of transparency it operates with. Taken together, these elements get evaluated and graded in much the same manner that a company's creditworthiness gets rated based on its assets and liabilities.

هذه القصة مأخوذة من طبعة February 03-10, 2023 (Double Issue) من Newsweek Europe.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 03-10, 2023 (Double Issue) من Newsweek Europe.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من NEWSWEEK EUROPE مشاهدة الكل
Poring Over the Mystery of an Egyptian Cup
Newsweek Europe

Poring Over the Mystery of an Egyptian Cup

The first comprehensive scientific analysis of a Bes mug's residues uncovered a psychedelic concoction used in rituals

time-read
4 mins  |
December 06-13, 2024
John David Washington
Newsweek Europe

John David Washington

FOR JOHN DAVID WASHINGTON, BRINGING NETFLIX'S THE PIANO LESSON (November 22) from stage to screen was a family affair.

time-read
2 mins  |
December 06-13, 2024
Philomena Cunk
Newsweek Europe

Philomena Cunk

PHILOMENA CUNK IS JUST AS SURPRISED AS anyone else at her own popularity.

time-read
1 min  |
December 06-13, 2024
A Walk in the Parks
Newsweek Europe

A Walk in the Parks

Jim O'Heir shares his memories of the hit NBC mockumentary andits cast’s hopes of areunion

time-read
4 mins  |
December 06-13, 2024
SOLVING THE PLASTIC PROBLEM
Newsweek Europe

SOLVING THE PLASTIC PROBLEM

PLASTIC WASTE IS HARMING ANIMALS AND OUR PLANET. CAN THE DAMAGE BE UNDONE?

time-read
10 mins  |
December 06-13, 2024
'I Was Struck by How Humbled and Insignificant I Felt'
Newsweek Europe

'I Was Struck by How Humbled and Insignificant I Felt'

An explorer says coming face-to-face in vild with a grizzly and her cubs changed his perspective on life

time-read
4 mins  |
December 06-13, 2024
Has AI Turned On Health Care?
Newsweek Europe

Has AI Turned On Health Care?

Hospitals hoped artificial intelligence would lighten their staff's workload, but the same tech could be to blame as insurance firms increasingly deny Medicare Advantage claims

time-read
7 mins  |
December 06-13, 2024
The Next Phase of War
Newsweek Europe

The Next Phase of War

After thousands of elite soldiers from North Korea joined Vladimir Putin’s forces against Ukraine, how has this latest move affected the conflict?

time-read
6 mins  |
November 29, 2024
Hey, Don't Be So SAD
Newsweek Europe

Hey, Don't Be So SAD

Seasonal affective disorder affects millions of people. Here’s how you can prep your body and mind for darker days

time-read
5 mins  |
November 29, 2024
America's Best CONTINUING CARE
Newsweek Europe

America's Best CONTINUING CARE

EDUCATIONAL OPPORTUNITIES, RESTAURANTstyle dining, unlimited pickleball-an impressive number of amenities are becoming standard at Continuing Care Retirement Communities.

time-read
4 mins  |
November 29, 2024