EdenTree's Thomas: A tale of two crises

The debate around ESG has taken on a febrile quality in recent months, with Russia's invasion of Ukraine proving a catalyst for a pernicious attack on the wider sustainability agenda. Critics have called for a loosening of standards around defence, for example, bemoaned a lack of investment in fossil fuels, and have pointed to the fallback of overheated ESG stocks as proof that the investment area amounts to little more than hot air. Last year's greenwashing debacle has not helped. Fanning the flames of the anti-ESG agenda, accusations of greenwashing amid some questionable fund-relab...