Over the past few years, a deluge of do-good ETFs flooded U.S. exchanges and drew in billions of investor dollars. However, the global energy crisis, inflation and fears of recession have forced ESG (environmental, social and governance) investing to take a backseat with energy security and portfolio protection emerging as the top priorities.
Indeed, a number of Big Oil companies recently scaled back their clean energy investments and climate goals as they look to expand fossil fuel production. But that does not in any way mean that…Why ESG Funds Love General Motors
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