Is the ESG Investing Fever Starting to Break?

WSJ Opinion: Potomac Watch - A podcast by Paul Gigot, The Wall Street Journal

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Society & Culture

Many asset managers proxy vote for activist shareholder proposals, including to make Costco accountable for "deforestation" and force Home Depot to do a "racial equity audit." But with Vanguard taking a stand and BlackRock getting more skeptical, is the public ESG backlash having an effect? Plus, Baltimore sues Kia and Hyundai, saying their cars are too easy to steal. Learn more about your ad choices. Visit megaphone.fm/adchoices