Re:Companies with good ESG scores pollute as much as low-rat...
by legitster on Wednesday August 02, 2023 @03:46PM
(#36976216)
In most cases the are not! If you buy an S&P 500 Index you are not buying an ESG fund at all.
For a fund to be passive, all you are saying is that you are following pre-set rules for that fund. And there are any number of investment products these companies make and offer that use any sort of pre-set criteria.
For a fund to be passive, all you are saying is that you are following pre-set rules for that fund. And there are any number of investment products these companies make and offer that use any sort of pre-set criteria.
You can take a look at one of Vanguards (few) ESG index funds and their criteria are very clearly presented at the bottom of the page: https://investor.vanguard.com/investment-products/mutual-fun...