What Is ESG Investing? A Look Into Sustainable Business Movement

For instance, Larry Fink, CEO of massive investment corporation BlackRock, recently stated: “We focus on sustainability not because we are environmentalists, but because we are capitalists,” as reported by Forbes. Basically, CEOs are starting to realize that people want to support companies that are more sustainable, so they are making their companies more sustainable (or, at least, saying they will) solely in order to become more attractive to investors and customers, and therefore make more money.

The ESG movement was in the news this week when Elon Musk called ESG “ a scam” on Twitter.

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