Mass reporting on ESG factors could end up backfiring, warns David Coombs, as he argues a better approach is to aim for active engagement and a deeper understanding of the companies that are invested in
I read Woke by ‘Titania McGrath' while on holiday recently in Cornwall. The book is brilliantly funny and a must-read for all millennials and generation zedders so of course, on my return to the office, I immediately handed it to my co-manager Will. We live in sensitive times. Social media has evolved to give everyone a voice. It has enabled a great democratisation of information and, as we know, information is power. One side-effect, however, has been to award too much power to the serially offended. This is leading to ‘virtue signalling' and in many cases over-excited calls to action. ...
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