Why ESG Ratings Have No Place in Executive Compensation

The ESG (environmental, social, and governance) investment framework is a much livelier topic than it really ought to be. It ought to be boring.

Institutional investors, who know an ill wind when they feel one, are clearly concerned that climate change and lax corporate governance will imperil the value of their holdings. The prospect of stranded assets and Enron-level scandal can have that effect. READ MORE