ESG-labeled investments helped fund Russia’s war chest

ESG-labeled investments were directing large sums to companies directly linked to Russia’s government in the lead-up to its invasion of Ukraine, according to an investigation by Inclusive Development International. A review of financial records in early March revealed that these “socially responsible” funds had at least $319 million worth of holdings in five securities tied […]

“Responsible investment” is fueling human rights abuses in Myanmar

Companies with ties to Myanmar’s military are benefitting from over $13 billion in ESG-labeled investments, according to financial records and other information compiled and published today by Inclusive Development International and ALTSEAN-Burma. In their report, “The Myanmar ESG Files: How ‘responsible investment’ is enabling a military dictatorship,” the human rights advocacy groups document how hundreds […]