As Europe rushes to bolster its defence industry, ESG is in the firing line. Labour MPs and peers have accused investors of using ESG arguments to avoid backing UK defence stocks, but some suggest the approach is simply being used as a political scapegoat. The Times has an interesting opinion.
This week, the US turned its back on the UN’s sustainable development goals leaving impact investors looking for ways to step up their activity and offset some of the impact of cuts to USAID and international development funding. The Financial Times covers the story.
