How Corporations Are Using Environment Concerns to Scam You

The S&P 500 ESG Index is supposed to include only companies with strong environmental ethics and responsibility, but the reality is much different.

STORY AT-A-GLANCE

• ESG, or environmental, social and governance, funds are supposed to be those focused on companies with strong environmental ethics and responsibility

• Further investigation reveals rampant greenwashing has occurred, and many ESG-labeled funds are far from “sustainable”

• The SEC is investigating Goldman Sachs overs its ESG funds, including w…