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ESG’s biggest secret is that its investment case is based on crypto economics

Over the last 10 years ESG — Environment, Social and Governance — has taken the financial world by storm. Sometimes dubbed “woke capitalism”, it favours morals over short-term financial self-interest. It has resulted in the rush of capital into stocks like Tesla’s, helping turn Elon Musk into into the world’s richest man. But what ESG […]