Daily Standup Top Stories Hertz cites weak demand, high damage costs in decision to downsize EV fleet January 11, 2024 Mariel Alumit Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from […]
ESG, once a dominant trend, is now facing disapproval and legal challenges, prompting businesses to distance themselves and adopt new terms like “responsible business.” Political pressures and investor skepticism have led to significant withdrawals from […]
ESG funds are experiencing a decrease in new inflows and increased closures due to underperformance and investor withdrawal. Regulatory tightening, greenwashing exposure, and a return to oil and gas investments contribute to the declining appeal […]
At the end of the day, it always winds up reverting to common sense and, in the investing world, alpha. That’s what has Markus Müller, chief investment officer ESG at Deutsche Bank’s Private Bank, admitting […]
Authored by Felicity Bradstock via OilPrice.com, Investments in ESG, popularized in 2020 and 2021, are seeing disappointing returns, causing concern among financial experts. Recent trends show withdrawals from sustainable funds, with companies like Blackrock and […]
Wall Street giant BlackRock just added the CEO of Saudi Arabia ’s national oil company, Saudi Aramco, to its board of directors. The New York Times headline announcing the move read, “ BlackRock Forges New Ties With Big Oil ,” giving the impression […]
ENB Pub Note: ESG Investing Hypocrisy is real. How can a chip manufacturing company be even ESG? The amount of waste it produces in the manufacturing process and the EOL of the products in the […]
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