ESG isn't dead, it's just evolving - The Globe and Mail

Summary

The article discusses the evolving nature of ESG (Environmental, Social, and Governance) in business strategy, with a focus on ethical investment and sustainability reporting. It highlights challenges ESG faces, such as political opposition and greenwashing, while observing its integration into corporate governance and ethical banking practices. Notable figures like Alex Edmans advocate for "Rational Sustainability" as a practical approach, emphasizing long-term value and avoiding market crazes. The decline in ESG mentions in earnings calls for indices like S&P 500 and TSX-Toronto Stock Exchange is contrasted with the argument that ESG principles are becoming entrenched in global capital markets as risk management tools.