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I’ve read a seriously large amount of poor journalism about ESG/responsible investment in my time - and I do my best to ignore 99.99% of it.
The articles usually show far more about the writer’s prejudices than they do any honest intent to engage, understand, research properly or investigate.
But a headline last week on Bloomberg tipped me over the edge…
It read: “ESG Investing Is Having a Good Crisis. It's Also Killing Jobs”.
That’s right, reader. You...and I...are now job killers!
And I guess that as a Co-founder of Responsible Investor, I am the journalistic equivalent, in employment destruction terms, of the driverless car.
I can add that to the panoply of criticism we’ve had over the years: naive, uneducated, financially illiterate, tree-huggers, religious zealots, socialists.
I'm almost embarrassed to respond to a c…