How ESG fund holdings could be WORSE for the environment

New study indicates propensity for high-carbon holdings, despite regular climate reporting.

(Mark Hulbert, an author and longtime investment columnist, is the founder of the Hulbert Financial Digest; his Hulbert Ratings audits investment newsletter returns.)

CHAPEL HILL, N.C. (Callaway Climate Insights) — A just-completed study paints an even more depressing picture of the greenwashing that often passes as ESG investing.

And that’s saying someth…