Hayley Hershman

1 day ago | marketplace.org | Amy Scott |Caitlin Esch |Hayley Hershman |Sophia Paliza-Carre

Can we invest our way out of the climate crisis? That’s the question we started this series with, and in this episode, we try to answer that question. So far, we’ve been talking about the trillions of dollars of investor capital that could fund climate solutions or keep fueling the crisis. But what about our own money? What can we as individuals do to protect our savings from climate risk and not contribute to the problem?

1 week ago | marketplace.org | Amy Scott |Caitlin Esch |Hayley Hershman |Sophia Paliza-Carre

Over the past few years, ESG investing has moved from a mainstream strategy promoted by the biggest asset managers in the world to a polarizing topic. Financial firms have scrubbed the acronym from their websites, dropped out of net-zero initiatives, and stopped advertising their climate efforts. Some have proclaimed ESG dead and buried. But if so, who killed it and why? The pushback to ESG gained steam in 2021, when Texas passed Senate Bill 13, an anti-ESG law.

1 week ago | marketplace.org | Amy Scott |Caitlin Esch |Hayley Hershman

About five years ago, environmental, social and governance (ESG) investing was all the rage. It’s a strategy that considers how issues like climate change might affect investments in the future. But long before ESG was a concept adopted by Wall Street, there were smaller investors weighing environmental and social issues: Religious investors. Sister Pat Daly, a Dominican nun from Caldwell, New Jersey, was a trailblazer among faith-based investors.

1 week ago | marketplace.org | Amy Scott |Caitlin Esch |Hayley Hershman |Sophia Paliza-Carre

Can capitalism save us from the climate crisis? In 2020 it seemed like the answer was “possibly.” That year, BlackRock CEO Larry Fink shook up the investment world in his annual letter to companies, in which he made climate change a major focus.

2 weeks ago | marketplace.org | Amy Scott |Caitlin Esch |Hayley Hershman |Sophia Paliza-Carre

In 2020, an investment strategy was all the rage on Wall Street: ESG, or environmental, social and governance investing. It’s a wonky term with a simple premise: Companies that manage the risks and opportunities posed by societal issues like climate change will perform better, especially in the long term. For a moment, it seemed Wall Street could be part of the solution to the climate crisis, driving companies to decarbonize — if not to save the planet, to protect their own bottom lines.