ESG Investments Aim For Performance First, Social Responsibility Second

As sustainable investing gains traction, there is growing debate between the need for investments to do good or providing better risk management and performance.

Burton Malkiel, a professor emeritus of economics at Princeton University, author of the classic finance book “A Random Walk Down Wall Street” and father of the passive investing revolution, has warned of the stark differences in various types of environmental, social and governance, or ESG, scoring systems, CNBC reports. Whil...