In an era of war, oil shortages and “anti-woke capitalism,” record outflows from ESG-labelled funds are unsurprising. JPMorgan and Goldman Sachs – the two larg…
NZ Herald ·
So ESG is dead until oil prices drop then everyone pretends they care again? Classic.
mate i work in finance and honestly these net-zero alliances were a joke from the start. Just corporates patting themselves on the back.
Anti-woke capitalism? Give me a break. It's just investors chasing returns. ESG funds underperform so they leave. Simple.
can we stop pretending the banks give a damn about the planet? they only care about fees.
pretty much. re-brand to 'climate smart investing' watch inflows come back overnight
as a student studying this stuff, ESG isn't dead but it definitely needs a rebrand. The backlash is more about politics than performance.
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fair point but some of us just want to avoid investing in oil while still making money. is that too much to ask?
lol remember when everyone screamed ESG was the future? yeah nah that aged well.
aged like milk left in the sun 🥛
Bit cynical in here. Some ESG funds are legit, just the bandwagon jumpers ruin it for everyone. Give it 5 years.
give it 3 years and they'll be calling it 'regenerative capitalism' watch
5 years? mate by then we'll have a new buzzword. 'Sustainable alpha' or some crap.
facts. same crew who greenwashed everything now jumping ship. predictable
the real joke is people still trust JPMorgan to save the planet. They're literally the biggest fossil fuel funders.
lol imagine still believing corporations have morals in 2026
honestly the only thing 'not dead' here is my faith in people to fall for the next marketing gimmick
this thread is exactly why i have trust issues with the whole industry 😂
