US pension fund teams up with academics to cut through ESG fog
State fund and MIT’s business school look to improve ESG data and to reflect all investors’ views
Ethically minded investors considering putting money into Porsche face a dilemma: one data provider deems the car maker’s environmental, social and governance (ESG) credentials substantially below average, while another thinks the opposite.
Research originally published in 2019 found similar divergence in the ESG ratings of many other companies, including Johnson & Johnson and AT&T. Pension Reserves Investment Management believes such discrepancies are hampering ESG investing and so the fund
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