WSJ: "A recent analysis by Scientific Beta disputes “claims that ESG funds have tended to outperform the wider market.” Sony Kapoor, managing director of the Nordic Institute for Finance, Technology and Sustainability, a think tank, told the Financial Times that the research “puts in black and white what is only whispered in the corridors of finance—most ESG investing is a ruse to launder reputations, maximize fees and assuage guilt.”"
WSJ 12/05/2021
"(...) A recent analysis by Scientific Beta disputes “claims that ESG funds have tended to outperform the wider market.” Sony Kapoor, managing director of the Nordic Institute for Finance, Technology and Sustainability, a think tank, told the Financial Times that the research “puts in black and white what is only whispered in the corridors of finance—most ESG investing is a ruse to launder reputations, maximize fees and assuage guilt.” (...)"
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