Young Investors Shifting Away from ESG Investments

The Rise of ESG: A Brief History of Ethical Investing

Considering environmental, social, and governance (ESG) issues when investing money is nothing new. For almost as long as capitalism has existed, some investors have refused to bet their resources on potentially profitable ventures because of broader ethical considerations. Long before ESG became a buzzword, morally conscious investors were offloading tobacco company stocks. Well before that, good portions of American businessmen (and it was pretty much only men running businesses at that time) refused to participate in the slave trade.