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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Stepping Back From ESG
Description: Vanguard—one of the two largest money management companies in America—shocked the industry recently when they announced its withdrawal from an anti-fossil fuels industry alliance. In a recent interview with the Financial Times, CEO Tim Buckley not only defended that move, but went on to say that Vanguard’s research shows no benefit to ESG investing and investment firms should basically stay out of politics—and let boards of directors govern in the interest of shareholders, not hot button political issues. This is big. It's been a terrible year for ESG and politicize...