Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want
A podcast at the intersection of social impact and personal finance that covers questions of how we might spend, donate, and invest more in line with our values.
Hosted by Genet "GG" Gimja
Formerly known as the Spend Donate Invest Podcast
Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want
147. The surprising truth about what ESG actually means
Welcome back to Progressive Pockets! This is a podcast where we talk about ways to line up our values and our money. When we think about the things that keep us up at night. Whether that’s climate change, or homelessness, or the systematic oppression of our communities, we usually talk about how we can claim our power when we vote. Some of us might protest, or organize ourselves in other ways. But what about….our money?
Where do we bank, where do we shop, where do we donate?
Whether you call it:
- Impact Investing
- Ethical Investing
- Socially responsible investing
- Sustainable Investing, or
- Values- Aligned investing
You have probably come across the term "ESG" when looking for investments that line up with your values. Often you may hear the abbreviation used as a shorthand for "socially responsible" investing. But this is a gross misunderstanding of what ESG really means!
Tune in this week to learn more!
Please share this episode with someone who you think might appreciate a concise, clear, easy to understand explanation of ESG.
Links
MSCI ESG Ratings Explained
https://www.youtube.com/watch?v=79rZm7FCkOU
Sustainalytics What is ESG?
https://www.youtube.com/watch?v=VwGmtThiwII
An Institutional Approach to Gender Diversity and Firm Performance by Letian Zhang
https://www.hbs.edu/faculty/Pages/item.aspx?num=55194
What MSCI’s ESG Ratings are and are not
https://www.msci.com/our-solutions/esg-investing/esg-ratings/what-esg-ratings-are-and-are-not