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Podcast: The Daily
Episode: What Is E.S.G., and Why Are Republicans So Mad About It?
Description: The principle behind E.S.G. is that investors should look beyond just whether a company can make a profit and take into account other factors, such as its environmental impact and action on social issues.But critics of that investment strategy, mostly Republicans, say that Wall Street has taken a sharp left turn, attacking what they term “woke capitalism.”Guest: David Gelles, a climate correspondent for The New York Times.Background reading: How did environmentally conscious investing became a target of conservatives?Republicans are likely to keep making E.S.G. a pol...