ESG Advocates Say Anti-ESG Movement Creating ‘Concerns and Challenges’

The Hoover Dam supplies water to Nevada, Arizona, and Southern California, where oil drilling contributes to the state's economy on Jan. 16, 2023. Allan Stein/The Epoch Times

It’s counterstrike time: the Republican-led movement against environmental, social and corporate governance (ESG) investing came under fire at a major environmental conference on May 30.

“I don’t think there’s any chance that the anti-ESG movement will win,” said Witold Henisz, a vice dean and faculty director of the ESG Initiative at the University of Pennsylvania’s Wharton School.