Efforts to insert more environmental, social and governance criteria into financial markets have run into stormy seas of late — from claims of reduced returns or overly onerous, unclear, and conflicting rules.
But Phyllis Costanza, principal and chief social investment officer, advanced portfolio management at Social Investment Solutions, is upbeat.
“I do think that rumors of [ESG’s] death have been greatly exaggerated,” she said speaking at a Devex event on the sidelines of the United Nations General Assembly this week in New York.
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About the author
Vince Chadwickvchadw
Vince Chadwick is a contributing reporter at Devex. A law graduate from Melbourne, Australia, he was social affairs reporter for The Age newspaper, before covering breaking news, the arts, and public policy across Europe, including as a reporter and editor at POLITICO Europe. He was long-listed for International Journalist of the Year at the 2023 One World Media Awards.
