ESG Advocates Say GOP Backlash Gives Industry an Opportunity (2)

All of the Republican-led backlash against ESG investing has presented the industry with an opportunity to reinvent itself. At least that’s the view of several ESG supporters at a marquee sustainable-investing conference in Boston.

Delaware State Treasurer Colleen Davis said it’s a good thing that more conversation is centered on the future of environmental, social and governance factors because it will help the investment strategy become better defined.

“The frustration is that it’s taken so long,” she said Monday during a panel discussion at the Greenfin 23 conference.

The acronym ESG was coined in 2004 by a team affiliated ...