The truth about ESG and sustainable investment

10 Things to KnowCommon QuestionsESG Voices

Bank of America CEO Says ESG Movement Is Here to Stay

ESG is here to stay.

That was the message of Bank of America Chief Executive Brian Moynihan as he responded to criticism of the movement pushing companies and investors to consider environmental, social and governance goals.

Speaking on a panel in Davos on Wednesday morning, Mr. Moynihan was asked whether businesses like his would abandon ESG goals in the face of criticism from Republican leaders in the U.S., who recently gained control of the House. Critics have said companies should be more focused on profits and that ESG uses loosely defined, PR-friendly terms.

Read more on the Wall Street Journal.

Recent Posts

This website is presented by US SIF: Sustainable Investment Forum, the leading voice advancing sustainable investing across all asset classes. Its mission is to rapidly shift investment practices toward sustainability-aligned goals with the aim of achieving long-term investment goals and preserving our planet and society. US SIF’s hundreds of members represent more than $5 trillion in assets under advisement or management.  

US SIF is supported in its work by the US SIF Foundation, a 501(C)(3) organization that undertakes educational, research and programmatic activities to advance the mission of US SIF.

View additional resources from US SIF

Copyright 2023 US SIF