In an ongoing series exclusive to ThinkAdvisor, Joe Elsasser, CFP® and Ron Piccinini, PhD provide readers with two distinct perspectives on the same topic. This week, we asked Joe and Ron to discuss, the benefits and risks of ESG investing.
Joe's response included:
"When I look to the choices that younger generations are making about where and how to work, and what’s important to them in the companies they are willing to work for, I expect that at least some of their investment decisions will be made the same way."
And Ron's response included:
"In recent years, ESG has evolved from a pure economic issue to an option for investors to “do good,” or at least vote with their dollars for the causes that matter to them. The effectiveness of ESG in this endeavor depends crucially on the difference in costs."
Read the full response from both Joe and Ron in ThinkAdvisor.