Does Sustainable Investing Work? - Prof. Aswath Damodaran
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Tom Gosling interviews Professor Aswath Damodaran, Professor of Finance at NYU Stern, in the latest episode of the Does Sustainable Investing Work? series co‑authored by Gosling and Harald Walkate.
They discuss how performance‑chasing capital diluted ESG’s purpose, the failure of current metrics to capture real‑world impact, and how pushing fossil assets into private markets—where scrutiny is weaker—can undermine sustainability, underscoring that real progress depends on voters and consumers.
Explore also:
- The Siren Song of Sustainability: The Theocratic Trifecta’s Third Leg by Aswath Damodaran
- Good Intentions, Perverse Outcomes: The Impact of Impact Investing by Aswath Damodaran
Can sustainable investing have meaningful impact, and, if so, on what and in what circumstances?
Harald Walkate & Tom Gosling share their views over the course of three blog articles with the aim of provoking reaction, criticism, alternative views and support.
Watch Harald explain the articles in an interview with Tom here ➡️
