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
UN Secretary-General António Guterres on Wednesday called out ExxonMobil for withholding highly accurate predictions about the impact of climate change.
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Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool.
