, Columnist
ESG Investing Is Having a Good Crisis. It's Also Killing Jobs
Companies deemed to be virtuous also tend to employ very few people.
You won't find many labor-intensive businesses in an ESG portfolio.
Photographer: Daniel Acker/Bloomberg
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Coronavirus has accelerated many investment and financial trends and ESG investing is among them. Environmental, social and governance investing has been in vogue for a while. The pandemic has taken it to the next level. This is how flows into ESG exchange-traded funds this year have moved, according to Bloomberg: