Scientific Beta

The Wall Street Journal: "The new research by Scientific Beta's Giovanni Bruno, Felix Goltz and Antoine Naly looked at more than 200 ESG factors used to optimize a portfolio to balance performance and risk, and found that they offered no improvement over traditional financial factors."

The Wall Street Journal 08/07/2025

"(...) The new research by Scientific Beta's Giovanni Bruno, Felix Goltz and Antoine Naly looked at more than 200 ESG factors used to optimize a portfolio to balance performance and risk, and found that they offered no improvement over traditional financial factors.

"There's just not evidence of an incremental return contribution from these ESG metrics," Goltz said. "If you have traditional financial objectives you don't really need these ESG metrics." (...)"