“This isn’t a grassroots movement, and it isn’t coming from the financial industry, where most experts argue that considering issues like climate is prudent for investors. “I think it’s motivated by politics,” says Witold Henisz, a professor at the University of Pennsylvania’s Wharton School. “They think it’s a political wedge issue. You can see some of the same patterns of money moving into the anti-ESG movement that pushed back against climate science in the aughts.”” #Democracy

[Link]