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Refugio Animal Cascada member Kendra Ivelic strokes a puma at the Exhibition and Environmental Education Center on opening day in Santiago, Chile, July 12, 2023. The shelter is a rehabilitation place for wild animals who cannot be released due to the...moreRefugio Animal Cascada member Kendra Ivelic strokes a puma at the Exhibition and Environmental Education Center on opening day in Santiago, Chile, July 12, 2023. The shelter is a rehabilitation place for wild animals who cannot be released due to the severity of their injuries after being affected by recent wildfires, droughts and heavy rains. REUTERS/Ivan AlvaradoClose
Persons: Kendra, Ivan Alvarado Organizations: Refugio Animal, puma, Exhibition, Environmental Education Locations: Refugio, Santiago , Chile
After multiple false starts and much political back and forth, work is underway on the Seine-Nord Europe Canal (SNEC), a €5.1 billion ($5.5 billion) project designed to break up one of the continent’s major transport bottlenecks. Environmental impactThe Oise River is currently being redirected for 4 kilometers as part of ongoing canal construction. A new extension will be constructed to accommodate further war dead, including those discovered during the construction of the canal. Inland ports are planned along the SNEC route, aiding exports, as well as providing recreational opportunities, say its designers. Despite the canal’s stop-start history, the Société du Canal Seine-Nord Europe is confident its construction timeline can be met and the canal will become operational in 2030.
Persons: , , Jérôme Dezobry, Philippe Bourdon, Dezobry, Montmacq, ” Dezobry, Bourdon, , ” Claire Horton, Xavier Bertrand Organizations: CNN, European Union, EU, Commonwealth, Commission, CWGC, Loos British, Hauts Locations: France, Nord Europe, Dunkirk, Escaut, Paris, Belgium, Netherlands, Luxembourg, Compiègne, Aubencheul, Nord, Seine, Oise, Allaines, Thourotte, , Somme, Péronne, Cambrai, Beaurains, Loos, Pas, Calais, Loos British, Antwerp, de
Tracing Mining’s Threat to U.S. Waters
  + stars: | 2023-07-11 | by ( Jim Robbins | ) www.nytimes.com   time to read: +1 min
— In the mountain streams of southern British Columbia and northern Montana, a rugged part of the world, fish with misshapen skulls and twisted spines have been caught over the years. Many scientists attribute the malformed creatures and declines in certain fish populations to five enormous open-pit coal mines that interrupt this wild landscape of dense forest flush with grizzly bears and wolves. Selenium is a naturally occurring chemical important in the environment as a trace element. But selenium pollution has long been recognized as an extremely hazardous byproduct of coal mining. The risk to human health from eating contaminated fish is not well understood.
Persons: PABLO Organizations: Teck Resources Locations: Mont, , British Columbia, Montana, Teck, Canada, U.S
Presence of plutonium and other evidence was found in core samples of the Crawford Lake sediments. The Anthropocene epoch is proposed as a chapter in Earth's history reflecting the transformation of the planet's climate and ecology as a result of human activity. The Anthropocene epoch has not yet been formally recognised by a scientific body called the International Commission on Stratigraphy. The scientists obtained core samples of sediment at Crawford Lake and sediments, soils, corals and ice samples at the other 11 sites. Crawford Lake sediments provided a record of accelerating changes that have unfolded in the past few decades, including traces of fly ash produced by burning fossil fuels.
Persons: Crawford, Colin Waters, we've, Waters, Francine McCarthy, Andrew Cundy, Bill Laurance, David Stanway, Will Dunham Organizations: University of Leicester, International, Crawford Lake, Brock University, Industrial, University of Southampton, James Cook University, Thomson Locations: Crawford, Canada's Ontario, Toronto, Britain, Canada, Australia, Singapore
Watchdog with teeth can help EU hunt unicorns
  + stars: | 2023-07-11 | by ( Rebecca Christie | ) www.reuters.com   time to read: +8 min
Yet the EU today is a long way from uniting its capital markets. By comparison, the United States has seven exchange groups, three listings exchanges and 16 trading exchanges, along with one clearing house and one depository. Bringing capital markets together through better regulation, as well as better market incentives, could keep the next generation of unicorns home. Follow @rebeccawire on TwitterCONTEXT NEWSEuropean Union leaders called for the EU to improve capital markets as part of a push for competitiveness at summits in March and June. Capital markets union is an EU endeavour launched in 2014 as a long-term project to boost investment across borders.
Persons: , Austria’s i5invest, Backes, Magdalena Rzeczkowska, Nadia Calviño, ESMA, ” Calviño, won’t, centralisation, Francesco Guerrera, Oliver Taslic Organizations: Reuters, EU, ABC Fitness Solutions, Reuters Graphics Reuters, Canada, Berlin Brands Group, European Securities and Markets Authority, European, Central, Union, European Commission, Capital, Thomson Locations: BRUSSELS, Europe, China, Ukraine, Arkansas, London, Switzerland, United States, IPOs, Belgian, U.S, Paris, spillovers, Luxembourg, Poland, Brussels, EU, wean
(Reuters) - A new Missouri securities rule offers a template for Republican U.S. state officials who want to advance an “anti-woke” business agenda even as such ideas struggle for legislative backing. Ashcroft acted after Republican lawmakers failed to pass a similar measure during the state’s legislative session that ended on May 12, amid infighting over which bills should be prioritized. Concerns over costs, bureaucracy and economic fallout led to bills stalling or passing in weakened form even in so-called red states, where Republicans dominate state government. Several corporate attorneys said other Republican officials may adopt Ashcroft’s playbook and act on their own. According to a spokesperson, Ashcroft initiated the rulemaking before the legislative session began, essentially as a backup plan in case lawmakers did not act on the same idea introduced in January.
Persons: Shannon Stapleton, John “ Jay ” Ashcroft, Ashcroft, , ” overreach, Ashcroft’s, , Beth I.Z, Boland, Lardner, Larry Fink, ’ Ashcroft, ” Ashcroft, can’t, Dan Mehan, Lance Dial, Chuck Gray, West, Ron DeSantis, Walt Disney Organizations: Reuters, Republican U.S, REUTERS, Merriam, Webster, Strategy, , Foley, Republicans, Morningstar, BlackRock, state’s, Representatives, Republican, Missouri Chamber of Commerce, Missouri, Florida Locations: Missouri, Appleton City , Missouri, U.S, Boston, Wyoming, ESG
Before I had children, I imagined family holidays would be picture-perfect Italian villas and leisurely dinners. But six years and two kids later, I've realized travel with your children can be more about damage limitation than rest and relaxation. Family holidays, as lovely as they are, come with a new set of environments and risks that you have to navigate. But as someone who loves to travel, one solution has been sticking to no-fly destinations for family holidays and taking overseas breaks without my children. A few days away won't change the fact that the mental load of parenting is heavy and there is often a lack of support for parents.
Persons: I've, we've, it's, , I'm Locations: Ibiza
Ashcroft acted after Republican lawmakers failed to pass a similar measure during the state's legislative session that ended on May 12, amid infighting over which bills should be prioritized. Concerns over costs, bureaucracy and economic fallout led to bills stalling or passing in weakened form even in so-called red states, where Republicans dominate state government. Several corporate attorneys said other Republican officials may adopt Ashcroft's playbook and act on their own. According to a spokesperson, Ashcroft initiated the rulemaking before the legislative session began, essentially as a backup plan in case lawmakers did not act on the same idea introduced in January. EXTRA ARROWSFinancial executives who so far have avoided the strongest laws worry that the possibility of executive or administrative actions, as in Missouri, gives state officials flexibility to keep up the pressure.
Persons: Shannon Stapleton, Walt Disney, Missouri's, John " Jay, Ashcroft, Ashcroft's, Beth I.Z, Boland, Lardner, Larry Fink, Dan Mehan, Lance Dial, Chuck Gray, West, Ron DeSantis, Ross Kerber, Greg Roumeliotis, Anna Driver, Matthew Lewis Organizations: REUTERS, Walt, Republican U.S, Merriam, Webster, Strategy, Foley, Republicans, Morningstar, BlackRock, Reuters Graphics, Reuters, state's, Representatives, Republican, Missouri Chamber of Commerce, Missouri, Florida, Thomson Locations: Appleton City , Missouri, U.S, Missouri, Boston, BLK.N, Wyoming, ESG
July 7 (Reuters) - A group of 15 Republican state attorneys general have questioned whether directors of BlackRock mutual funds are sufficiently independent of the world's largest asset manager. The letter was addressed to ten individuals listed in a BlackRock filing as nominees to a board that oversees BlackRock closed-end mutual funds. Among other things, they said BlackRock fund trustees who serve as directors of companies where BlackRock owns more than 5% of shares could lead to independence concerns. They also cite how BlackRock fund directors are responsible for dozens of funds - exceeding BlackRock's own "overboarding" guideline for public company boards. Critics have raised similar issues in the past about whether well-paid mutual fund directors are positioned to speak up.
Persons: Austin Knudsen, Ross Kerber, Diane Craft Organizations: Republican, Reuters, Montana Attorney, BlackRock, AGs, Thomson Locations: Montana, BlackRock
The analysis from the European Union’s Copernicus Climate Change Service found that last month was the planet’s hottest June by a “substantial margin” above the previous record, which was set in 2019. The nine hottest Junes have all occurred in the last nine years, according to the agency – evidence the human-caused climate crisis is driving temperatures to unprecedented levels. This is exactly what global warming looks like.”Scientists have warned that these record temperatures bear the fingerprints of the climate crisis. Northwest Europe experienced record-breaking temperatures last, including the UK, which logged its hottest June on record, according to the UK Met Office. “The ocean warming is even more concerning because as the oceans warm, they expand, which means higher sea levels, larger storms surges and more flooding of coastal communities,” Marlon said.
Persons: Copernicus, ” Jennifer Marlon, , Greenlee Beal, El Niño, ” Marlon, Organizations: CNN, Southern, Yale School of Environment, Northwest, UK Met Office, Reuters, Climate, Atlantic Locations: Southern US, Mexico, El, Pacific, Northwest Europe, Canada, United States, Asia, Australia, Texas, Central America, Ireland, Baltic, Europe, Iceland, Russia, Turkey, Kosovo, Romania, Scandinavia, America, Horn of Africa, South America, Antarctica
Hamilton would support peaceful protest at British GP
  + stars: | 2023-07-06 | by ( Alan Baldwin | ) www.reuters.com   time to read: +2 min
SILVERSTONE, England, July 6 (Reuters) - Seven-times world champion Lewis Hamilton said he would support a peaceful protest at the British Grand Prix this weekend as Formula One drivers voiced fears of environmental activists invading the track. Asked at Silverstone whether he would support a protest that did not involve a track invasion, Hamilton, who has previously expressed sympathy with the cause, replied: "Yes. I support peaceful protests." We don't want to be put in harm's way and we don't want to put anyone else in harm's way. So if there was to be one (a protest) we hope that it's not on track."
Persons: Lewis Hamilton, we've, Williams, Alex Albon, Alan Baldwin, Clare Fallon Organizations: SILVERSTONE, Lord's, Wimbledon, Silverstone, Thomson Locations: England, British, Hamilton
63 cruise ships owned by Carnival Corp. emitted more sulfur oxides than all the cars in Europe in 2022. The cruise industry is investing in alternative energy sources such as LNG fuel and shore power. Though the IMO rule slashes the sulfur emissions of individual ships, it has done nothing to limit the increasing number of cruise ships in recent years. Compared to 2019, cruise ships are also spending more time at European ports and consuming more fuel, per the report. As a result, cruise ships overall emitted 9% more sulfur oxides in 2022 than in 2017, according to Transport & Environment.
Persons: MIGUEL MEDINA, Robert Rohde, — Dr, We're Organizations: Carnival Corp, European Federation for Transport, Environment, Carnival Corporation, International Maritime Organization, Transport & Environment, Cruise, Carnival Locations: Europe, Venice, AFP, Berkeley, Paris, New, York
Scientists previously theorized that megalodons were warm-blooded, but the new study is the first to provide concrete evidence to that effect. From this finding, they deduced the megalodon’s average body temperature was about 27 C (80 F). Like modern great white and mako sharks, megalodons were regionally endothermic, which means they had the ability to regulate temperature in certain parts of the body, according to the study. The timing of megalodons’ extinction coincides with the cooling of the Earth’s temperature, the researchers said. But learning more about the ancient shark could still help scientists better understand the threats similar marine animals face today.
Persons: CNN —, it’s, , megalodon, Robert Eagle, Kenshu Shimada, ” Shimada, Megalodon, Michael Griffiths, ” Griffiths Organizations: CNN, National Academy of Sciences, UCLA, Eagle, DePaul University in, William Paterson University Locations: megalodon, DePaul University in Chicago, , Megalodon, New Jersey
Opinion: Supreme Court drops the H-bomb and D-bomb
  + stars: | 2023-07-02 | by ( Richard Galant | ) edition.cnn.com   time to read: +15 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Graduates of Harvard and other Ivy League schools earn significantly more than most college graduates –— the credential opens doors. Maybe the best confirmation of that is that eight out of the nine Supreme Court justices went to law school at either Harvard or its Ivy rival, Yale. “The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. And the Supreme Court has just guaranteed that this will be the case for many years to come.”“The court made the right decision,” wrote Ilya Somin, a law professor at George Mason University.
Persons: Harvard College Dean Rakesh Khurana, , Harvard isn’t, , Michael Gerhardt, Roe, Wade, Donald, Trump, Bill Bramhall, Tan, ” Ana Fernandez, Richard Kahlenberg, Harvard …, Lanhee Chen, Peniel, Joseph, Joe Biden’s, Rachel Clark, , Ilya Somin, Biden, ” Clay Jones, Somin, Leah Litman, isn’t, aren’t, Timothy Holbrook, Nicole Hemmer, Drew Sheneman, Phil Hands, Julian Zelizer, Yorkers, Walt Handelsman, Jill Filipovic, , Patrick T, Brown, DeSantis, Duncan Hosie, Ken Ballen, Trump Jack Ohman, Jennifer Martin, ” Martin, Vladimir Putin’s, Yevgeny Prigozhin, Wagner, Prigozhin, David A, Putin, Jade McGlynn, CNN’s Chris Good, it’s, Frida Ghitis, Keir Giles, Victory, Don’t, Agency Dean Obeidallah, Keith Magee, France Kara Alaimo, Vicki Shabo, Leroy Chiao, Abdullah, Billy Lezra, MonaLisa Leung Beckford, Timothy Naftali, David Horsey, It’s, Blake Moore, Marc Veasey, Hershel “ Woody ” Williams, Moore, Veasey, “ Williams, Williams, Hershel ‘ Woody ’, Abraham Lincoln, ” Moore, Lincoln Organizations: CNN, Harvard, Harvard College, Wall Street Journal, of Harvard, Ivy League, Yale, Supreme Court, University of North, University of North Carolina —, Wellesley College, Blacks, , George Mason University, , University of Michigan, Democratic, Agency, Trump, New Yorker, American Academy of Sleep, Soviet Union —, RFK, Republican, Utah Republican, Texas Democrat, Marines Locations: Boston, University of North Carolina, California, , Chicago, Detroit, Great, Bedminster, New Jersey, New, Iran, Ukraine, Russia, Soviet Union, Moscow, France, Hong Kong, China, America, Utah, Texas, Iwo Jima, Lincoln
The area has several data centers that use lots of water. In 2021, all the company's data centers consumed 4.34 billion gallons of water. But these data centers have a part to play in Arizona's water shortage. Why do big tech companies build data centers in the middle of a desert? Microsoft said in 2021 that its Arizona data centers would use "zero water" for cooling using adiabatic cooling, which uses outside air instead of water.
Persons: Katie Hobbs, hasn't, there's Organizations: Google, Bloomberg, Microsoft, Meta Locations: Arizona, Phoenix, Mesa
The job of family offices, investment firms tasked with managing the fortunes of the ultra-rich, has never been about getting massive returns. Which is why Hayley Cuccinello's story on family offices investing in artificial intelligence is so fascinating. Hayley spoke to executives at family offices about how they're navigating the modern-day gold rush that is AI investing. Of course, a lot of those deals never materialized and most family offices have now largely eschewed digital currencies altogether. The difference is family offices have largely gotten in on AI long before the bandwagon arrived, Hayley reports.
Persons: Dan DeFrancesco, It's, we've, Samantha Lee, Hayley Cuccinello's, Hayley, it's, Read, Erin McDowell, Goldman, Bill Gates, Morgan Stanley, James Gorman, Caniacs, Jeffrey Cane, Hallam Bullock Organizations: Mastercard, Refinitiv, Intelligence, Gates Ventures, Wall Street, LinkedIn Locations: Here's, Wall, Silicon, insider.com, Spain, Austin , Texas, Midtown Manhattan, New York City, New York, London
That same day, Broadbery achieved a different, but equally momentous, milestone in his Wall Street career. He's seen support for traditionally underrepresented groups, like the LGBTQ+ community, become institutionalized at most Wall Street firms — a welcome improvement. There's also much less stigma now around being "too gay" for Wall Street, he added. So it's like, how gay is too gay for Wall Street?" "I think Wall Street is Wall Street and in the finance industry there are certain norms and certain things you need to do to conform — the working environment, the working hours, the hierarchy, the path to promotion — those things are what they are," he said.
Persons: Michael Broadbery, Goldman Sachs, David Solomon, Broadbery, Goldman, unabashedly, Guinness Mahon, , Lehman, It's, wasn't, I'm, it's, There's Organizations: Goldman, Network, Intel, Wall, Hamptons, Barclays, Lehman Brothers, Lehman, firm's Locations: York, Americas, Dublin, Ireland, London, Asia, Hong Kong, firm's Asia, Singapore
New York CNN —Lawmakers and prominent social media personalities have in recent days rallied against a proposed New York City rule that some say would crack down on the city’s beloved pizzerias. New York City is famously and deservedly known for its pizza. I hear New York City is trying to ban delicious pizza. New York City Mayor Eric Adams made a similar point during a press conference on Monday. So wait, did someone really throw a pizza at City Hall in protest of the proposed rule?
Persons: pizzerias, Sen, Marsha Blackburn, ” Dave Portnoy, Elon Musk, Michael Berman, Photodisc, , Edward “ Ted ”, Michael Seilback, Pizza's, Artem Vorobiev, , Garima, Seilback, Eric Adams, wouldn’t, Adams Organizations: New, New York CNN — Lawmakers, Tennessee, Barstool Sports, Twitter, City Hall, City, city’s Department of Environmental, CNN, New York City Department of Environmental, Edward “ Ted ” Timbers, NYC Department of Environmental, American Lung Association, Getty, Columbia University, New York City Locations: New York, New York City, York City
When billionaire hedge fund manager Seth Klarman looks at the investing world today, he sees asset bubbles pretty much everywhere. Historically low interest rates, even zero rates, have precipitated that bubble." With the investing world now ruled by trendy bubble-like investments such as Bitcoin and meme stocks, Klarman said the need for a sound, practical approach to investing is vital. In a letter to clients at the end of 2022, he accused the U.S. central bank of constructing a "financial fantasyland" of artificially low interest rates and liquidity pumping. In the current environment, investors face challenges relating to economic uncertainty and a central bank holding interest rates high to battle inflation.
Persons: Seth Klarman, we've, Klarman, Benjamin Graham, David Dodd, You've, Warren Buffett — Buffett, Columbia University —, Graham, Dodd Organizations: CNBC, Cornell, Columbia University, Buffett, Liberty, Federal Reserve Locations: Boston, U.S
June 26 (Reuters) - BlackRock (BLK.N) boss Larry Fink, at the forefront of the business world's adoption of environmental, social and corporate governance (ESG) standards, has stopped using the term, saying it has become too politicized. But the world's largest asset manager hasn't changed its stance on ESG issues, Fink told the Aspen Ideas Festival on Sunday. Republican politicians have attacked ESG as a way for the corporate world to implement what they argue is a politically liberal agenda, triggering a backlash from Democrats who are seeking to defend it. "I don't use the word ESG any more, because it's been entirely weaponised ... by the far left and weaponised by the far right," Fink said. "We had ... one of the best years ever, but I'm ashamed of being part of this conversation," said Fink, adding that his annual letters to investors that addressed ESG issues were never meant to be political statements.
Persons: Larry Fink, hasn't, Fink, it's, " Fink, Isla Binnie, Ross Kerber, Mark Potter Organizations: Aspen Ideas, Republican, United, BlackRock, Aspen, Thomson Locations: BlackRock, United States, United Nations, Texas, decarbonization
The government's precipitation expectation model from the National Oceanic and Atmospheric Administration, or NOAA, is called Atlas 14. "It leverages the best available historical precipitation data that was available the time that the study was performed." It is not the only state using Atlas 14 to inform its infrastructure projects. "I can't speak to how some of those engineering decisions are made," Salas said when asked if Atlas 14 should still be used. There are multiple climate risk modeling firms with vast precipitation forecasting data, but most charge for it, and states already have the Atlas 14 data.
Persons: it's, Matthew Eby, Fernando Salas, Salas, Eby, Stephen Schapiro, " Salas Organizations: Biden administration's Infrastructure Investment, Jobs, First Street Foundation, National Oceanic, Atmospheric Administration, NOAA, Geo - Intelligence Division, National Weather Service, ., Infrastructure, state's Department of Transportation, New, New Jersey Department of Transportation, NJ Department of Environmental Locations: United States, Upper Midwest, New Jersey
Environmental activists protest at Dutch Tata Steel plant
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Protesters and environmental activists with a banner reading "STOP THE POLLUTION" take part in a protest 'People vs Polluters' led by Greenpeace Netherlands against Tata Steel, in Ijmuiden, Netherlands June 24, 2023. Tengbeh Kamara/Greenpeace/Handout via REUTERSAMSTERDAM, June 24 (Reuters) - Hundreds of environmental activists wearing red jumpsuits marched with flags and banners on Saturday into the grounds of Tata Steel's plant in the Dutch city of Ijmuiden to protest over air and soil pollution in the surrounding area. Led by Greenpeace, the activists were joined by local residents who say the Indian company's facility in the coastal city is responsible for high levels of heavy metals in nearby soils. One group of protesters used boats to hang a banner reading "Tata Steel, You Sicken Us" at the port where the facility receives coal and iron ore. The facility is under scrutiny by environmental agencies and prosecutors are investigating alleged intentional pollution of nearby groundwater, which Tata denies.
Persons: Polluters, Tengbeh Kamara, Tata, Toby Sterling, Helen Popper Our Organizations: Greenpeace Netherlands, Tata Steel, Greenpeace, Handout, REUTERS, Tata, Thomson Locations: Ijmuiden, Netherlands, REUTERS AMSTERDAM, Dutch
A charter boat captain found a whopping 6.25-inch long megalodon shark tooth in Florida. That's why today, the Sarasota County coastline in Venice, Florida, is known as the shark tooth capital of the world. Recently, a charter boat captain discovered one of the largest fossilized shark teeth ever from a megalodon shark. One of the largest megalodon teeth ever discoveredMichael Nastasio, who has been hunting shark teeth in Florida for 12 years, discovered a fully-intact megalodon shark tooth that was 6.25 inches (15.87 cm) long — only about an inch smaller than the largest megalodon tooth on record. Megalodon teeth are similar to great white shark teeth, and it's thought the two species may have been close relatives.
Persons: , Michael Nastasio, Kristen Grace, Nastasio, Jack Cooper, it's, Victor Habbick, Victor Perez, Cooper, Emma Bernard, wouldn't, he's, WTSP Organizations: Service, Swansea University, Environmental Studies, St, Mary's College of Maryland Locations: Florida, Sarasota, Venice , Florida, London
“When we started the program with the Bermuda snails at the zoo, we were just on the edge of extinction of the species,” says Garcia. The greater Bermuda land snail, whose shell measures up to 2.5 centimeters in diameter, shown alongside the lesser Bermuda snail. The hope is that the lesser land snail will follow the greater’s slimy trail. “We’ve been using the greater Bermuda land snail as the surrogate, or the research proxy, assuming that if they do well, the lesser Bermuda land snail will do as well,” says Outerbridge. Scientists have been reintroduced the greater and lesser Bermuda land snails across different islands in the archipelago.
Persons: Gerardo Garcia, Mark Outerbridge, CNN Garcia, , Garcia, , , Outerbridge, Garcia –, CNN “ They’re, We’ve, Pepper Organizations: CNN, Chester Zoo, , Bermuda’s Department of Environment Locations: England, Bermuda, Lesser Bermuda, Port, Hamilton, , Chester, Trunk, Brazil, palmetto
There are many ways for everyday investors to make a real impact on issues like climate change, gun violence, and racial and economic justice. You might have heard of Environmental, Social and Governance (ESG) funds, which are designed to remove companies that create harmful products and services from your stock portfolio. Unfortunately, they aren't always the most effective way to make an impact with your investments. The problem with ESG fundsMany people don't love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. So ESG funds don't create the same motivation as boycotts for businesses to change.
Persons: you've Organizations: Social
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