FTSE leaves coal and oil firms and G4S on ethical investment list | Business | The Guardian

ESG is still very much a nascent and evolving discipline as we see here:

Some of the world’s biggest fossil fuel companies, including Russia’s state oil giant Rosneft, have been added to the London Stock Exchange’s “ethical” investment lists.

The FTSE4Good indices, run by the London Stock Exchange Group’s FTSE Russell subsidiary, are marketed to investors interested in environmental, social and governance (ESG) issues.

However, the LSE has refused to remove big polluting companies or the security company G4S despite allegations of systematic labour abuses across the world.

via FTSE leaves coal and oil firms and G4S on ethical investment list | Business | The Guardian

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