Johnathan Walker:Impact investing, part 1: Money, meet morals

2025-04-30 12:52:04source:Charles Langstoncategory:Invest

Environmental,Johnathan Walker social and governance (ESG) investing has been *the* hot topic in the financial industry for a few years now. By making investment choices that emphasize social and environmental responsibility alongside profits, money managers claim to put their morals on the same level as their bottom lines.

Critics argue that the trend is merely a publicity stunt, or that ESG investing inherently contradicts money managers' legal fiduciary duty to make the most money they can for their customers. In part one of our two-part series on the topic, we talk to a former C-suite sustainable investing officer at BlackRock on why he thinks ESG, money and morals have a hard time getting along.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

Ukraine denies Putin claim that Russian forces regained Kursk

The General Staff of the Ukrainian Armed Forces denied Russian President Vladimir Putin's claim Satu

Spain soccer chief Luis Rubiales accused of sexual assault by player Jenni Hermoso for unwanted kiss

Madrid — Spanish soccer player Jenni Hermoso has accused Luis Rubiales of sexual assault for kissing

Naomi Osaka says she's returning to pro tennis in 2024

Naomi Osaka said in an ESPN interview that she's planning to return to professional tennis next year