As ESG Investments Soften and Pressure Grows on Allegedly ‘Woke’ Finance Giants, Conservative Investment Firms Scour for Missed Opportunities

Non-ESG investors are trying to build a parallel economy that serves an alienated market.

Sean Gallup/Getty Images.
The chief executive of Blackrock, Larry Fink, at a discussion of ESG climate-friendly investments at Dubai. BlackRock, the world's largest asset manager, has been under pressure from state investment officers over so-called 'woke' investment strategies. Sean Gallup/Getty Images.

In May, the United Kingdom’s version of the Securities and Exchange Commission will begin enforcing its pledge to crack down on so-called greenwashing by companies wishing to trade on the label of being green-friendly.  

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