ESG & Investing
Pensions Push Back at ‘Ridiculous’ DeSantis-Led Attacks on ESG
The decision by numerous US Republicans to ignore environmental and societal investment risks imperils $57 trillion of savings, according to industry executives.
Ron DeSantis
Photographer: Eva Marie Uzcategui/BloombergThis article is for subscribers only.
After watching key GOP figures launch an all-out political attack on ESG, senior officials from the $57 trillion global pension industry are speaking out against the risks such an agenda poses to long-term savings.
Matti Leppala, chief executive at PensionsEurope, said efforts to lambaste ESG based on an assessment of short-term returns are “ridiculous” and “meaningless.”