ESG funds are indeed having positive impact on both the greater social good and on investors’ bottom lines.
Regarding Burton G. Malkiel’s “‘Sustainable’ Investing Is a Self-Defeating Strategy” (op-ed, Sept. 19): ESG funds—funds that allow investors to focus on environmental, social and governance issues, as well as on performance—are indeed having positive impact on both the greater social good and on investors’ bottom lines.
Expense ratios on ESG funds have plummeted in recent years as the funds have gained popularity, and most have more than enough diversification to eliminate any nonsystemic risk. The Vanguard ESG U.S. Stock…
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