How Weapons of Mass Destruction Became Popular With ESG Investors
Bloomberg Televisionยท2025-08-25 14:17
The deadliest weapons ever manufactured are now a common holding among Europe's nearly $9 trillion environmental, social, and governments or ESG funds. ESG funds, especially in Europe, which accounts for about 80% of the world ESG assets, have been loosening the restriction on investing in defense companies, and that includes those involved in nuclear arms. Firm managers says it's different word now.With wars in Ukraine and the Middle East, they argue it's no longer realistic to ban all defense related inve ...