David Shapiro’s article forms part of the growing chorus of calls for the investment community to take sustainability related matters seriously (“Australia fires raise environmental, social and governance issues (https://www.businesslive.co.za/bd/opinion/columnists/2020-01-09-david-shapiro-australia-fires-raise-environmental-social-and-governance-issues/)”, January 9).

However, in concluding his article he made a startling and implausible statement: “For responsible investors, the growing demands of ESG activists should have little effect on performance.” ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now