How investors in Davos deal with the former investment trend

davos For a long time it was the biggest trend in the financial world: investing according to ecological, social and ethical standards, ESG for short. The World Economic Forum (WEF) in Davos also drove the discussion forward, driven by the demand that CEOs should not only care about returns, but also have to consider the impact of their business on employees and the environment. “ESG was still part of the zeitgeist last year,” emphasizes Sandra Navidi from the New York analysis house Beyond Global, who has been a guest at the WEF for many years.

This year, however, hardly any CEO is still using the three letters, especially not if they work for an American financial institution. “Just don’t say ESG,” said a manager on the sidelines of an event in Davos.