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by OrangeMonkey
1329 days ago
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I would like to see not the 'free market' dictate how it happens - I would like to see companies that harm their investors end with their ceo/cfos perp walked out and arrested. I want to see companies remember they have a fiduciary duty to their investors. |
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In a more cynical way, ESG is a way to try to escape tougher legislations that would impact revenues in a larger way, and so is also part of the fiduciary duty in that sense.
Note that fiduciary duty already does not force companies to outsource to China even if that would save some money and increase benefits.