When lawmakers blame Silicon Valley Bank's failure on 'woke capitalism,' it reveals a gross misunderstanding of sustainable investing, writes US SIF's McGannon.
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Sustainable investing plays a vital role in the U.S. economy as investors increasingly realize that their investments also have tangible environmental and social impacts on society and the planet.
Many retail and institutional investors have considered environmental, social and governance (ESG) factors in their investment decisions for decades, seeking to reduce risk, identify opportunities and align their investments with their client’s values. But only recently, sustainable investing has drawn scrutiny from media and policy-makers….
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