Environmental, Social, and Governance investing is one of the hottest topics in finance. Scott O'Reilly, VP of Investment Product at Fidelity, sat with us to discuss how to evaluate ESG investment options.
O'Reilly said ESG used to be seen as a way to eliminate sin stocks. Now, the strategy has become a more innovative way to consider a company's risks, he added.
One major concern for the investment approach has been the idea of sacrificing portfolio returns. O'Reilly said research has shown that fear, so far, hasn't turned into reality. He sees ESG investing as a way to avoiding the kinds of risks a company could have that would impact their performance
California cannot ban the importation and sale of crocodile and alligator products, a federal judge has ruled, in a victory for the state of Louisiana, which challenged the ban along with businesses in multiple states.
The RESTRICT Act seeks to proactively tackle dangerous technology, including TikTok, according to a bipartisan group of senators that includes Mark Warner (D-Va.).
