US pension fund teams up with academics to cut through ESG fog

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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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