UN report finds ESG funds invested in companies profiting from genocide
A new report from the UN special rapporteur on the situation of human rights in the occupied Palestinian territory names dozens of corporations alleged to be aiding Israel in its “genocidal campaign in Gaza.” They include numerous companies that benefit also from so-called “ESG” investment, such…
TotalEnergies Dropped from Sustainability Funds
French oil giant TotalEnergies, currently featured in the ESG Watch database, was dropped from Union Investment’s sustainability funds due to concerns over how the company has addressed controversies and allegations surrounding the East African Crude Oil Pipeline (EACOP) and liquified natural ga…
Introducing ESG Watch: Holding “responsible” investment to its promisesÂ
Inclusive Development International’s new ESG Watch website and company database illustrates how ESG investment routinely flows to companies linked to human rights abuses.
Today, Inclusive Development International launched ESG Watch – a company database and website that tracks over $39…
ESG investing giants under scrutiny for fueling rights abuses in Myanmar
MSCI, FTSE Russell and S&P Dow Jones Indices are giants of the “responsible investing” industry, but according to complaints filed with the US, UK and Dutch governments, the firms are violating OECD guidelines for responsible business conduct by helping direct investments labeled “ESG” to do…
Our submission to the UN Working Group regarding ESG investing and human rights
Inclusive Development International has responded to a call for input from the UN Working Group on Business and Human Rights as it prepares a report on the topic of “Investors, ESG and Human Rights.” We applaud the Working Group for focusing its attention on the important—though often underappre…
“Responsible investment” is fueling human rights abuses in Myanmar
ESG-labeled funds have over $13B worth of holdings in companies linked to Myanmar’s brutal military regime, a financial investigation reveals.
Companies with ties to Myanmar’s military are benefitting from over $13 billion in ESG-labeled investments, according to financial records and other i…