Goldman Executive Maps Path to Duck Hedge Funds’ ESG Attacks (1)

As short sellers target traditional green stocks being hammered by inflation, an executive at the fund management arm of Goldman Sachs Group Inc. says there’s one kind of ESG asset that has what it takes to defy such headwinds.

John Goldstein, Goldman’s global head of sustainability and impact solutions for asset and wealth management, says he and his team are looking at companies that help dull the effect of inflation by enabling a more efficient use of resources. It’s a concept enshrined in the so-called circular economy, of which waste management and recycling are key goals.

Inflation has ...