ESG 'fantasy' distracts from real climate change fight, says former Blackrock insider

The amount of money flowing into funds that market themselves as “sustainable investing funds” is rapidly increasing, and hit a total of just US$2 trillion recently. But are these funds having any impact on the world? This week, Down to Business features Tariq Fancy, the former chief investment officer for Sustainable Investing at Blackrock, the largest asset manager in the world with nearly US$9 trillion in assets under...