Environmental, social, and governance-related investing might be approaching mainstream status, but ESG still has plenty of skeptics who cite poor performance, inconsistent ratings, and greenwashing.
Recent political backlash is adding further complication, with U.S. House and Senate bills aimed at curbing ESG investing in workplace retirement accounts. In addition, at least 18 states, including Florida, Texas, West Virginia, and Louisiana, are pushing back and publicly condemning ESG.
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