The anti-ESG backlash is justified, FN readers say

ESG

FN readers believe green funds underperform, over‑promise and are becoming less important

A "lack of uniform, regulated and enforced metrics" is holding the sector back Photo: Getty Images

The growing backlash against ESG investing is justified, according to a wide-ranging survey by Financial News — a sign the sector may have peaked in popularity amid greenwashing concerns.

Nearly 60% of respondents polled by FN ahead of COP28 said that criticisms against the green investing industry are justified.

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