ESG investing is dying on Wall Street. Here’s why

Photo caption: Turbines that are part of Constellation Energy’s Criterion Wind Project stand along the ridge of Backbone Mountain on August 23, 2022 near Oakland, Maryland. Photo credit: Chip Somodevilla / Getty Images. Article by Nicole Goodkind, CNN – October  23, 2023.

New York (CNN) —The market for environmental, social and corporate governance, or ESG, investing is fundamentally broken. The numbers speak for themselves. The cumulative flow of investments into US ESG funds has been flat to slightly negative since the first quarter of 2022, according to data shared exclusively with CNN by Lipper, a financial data provider. […]

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