The surge in interest in ESG stocks among millennials and Generation Z is effectively reshaping the investment landscape. Firms ignoring ESG principles risk major backlash as ethical considerations become imperative in business. This shift reflects a broader societal change where making money without ethical standards is no longer acceptable. Moreover, the ESG criteria are now seen as vital for assessing company risks, not just for screening out undesirable sectors. However, this approach has its critics, who argue it misses opportunities in sectors including fossil fuels and pushes investments towards liberal social goals. Despite…
