Investment using ESG criteria
Why is more companies using ESG criteria?
ESG stands for Environmental, Social and Governance.
Global warming is creating more environmental issues worldwide now. Without taking care of our environments, we will either need more money from Government to make good whatever we have not done so good in the past. It is more costly also. Start immediately so that more generations after us can continue to enjoy the fruits of our Mother Earth
Social. More companies are embarking on Corporate social Responsibility activities to help the less needy. This is good for the companies as it encourages more of its staff to help to continue to serve the community should there be a need somewhere else. It also helps the companies to gain awareness.
Governance is always a problem with big or small companies. Without good governance,the companies may be able to fool us normal investors for the short term. But in the longer term, it will definitely collapse after a while. We have seen so many such cases already.
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