The ESG fund industry is under growing scrutiny, but one firm is determined to educate investors to make more ‘responsible’ choices Jay Lipman is no eco-warrior. The 29-year-old British founder of Ethic does not want to shame people who eat beef or buy single-use plastics. He does however want to help investors make more educated ethical decisions when buying shares. Ethic – backed by 9Yards Capital, the Silicon Valley firm led by former chancellor George Osborne and brother Theo – collects data to rank firms according to environmental, social and corporate governance (ESG) performance. It then helps investors gain better insights into what companies are doing to tackle climate change, diversity…
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The Brit-founded data firm trying to help users find a way through the ethical investing minefield have 281 words, post on www.telegraph.co.uk at December 8, 2019. This is cached page on Health Breaking News. If you want remove this page, please contact us.