[mijamo]

Investors live on earth. Climate change will incurr extremely high costs on anyone living on earth. Therefore it is part of their fiduciary duty to fight it for any company in the world.

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.

[OrangeMonkey]

I am happy that, in the US at least, the current legal climate does not agree with you.

In some countries, I have seen what you are saying becoming more and more pronounced. In Western Europe, specifically, you are seeing it.

I imagine the upcoming cold winter in Germany and the scramble to secure supplies at any cost for their citizens will help fix this issue.