Finance

ESG Scores Aren’t Enough to Achieve a Net-Zero Future

Investing to match your values is pretty different from picking out the companies best able to survive in a sustainable, climate-aligned world.

Photographer: Jean-Francois Monier/AFP

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Just like in traditional investing, there are dozens of strategies you can use to be an ESG investor. There are funds that pick the best-rated low-carbon companies, funds that focus on companies with more women on boards, and funds that use a series of ratings and checklists to ensure the stocks they are betting on are “better” than the rest of the market.