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One of the defining characteristics of life in the U.S. during the last two decades is that many Americans have come to see nearly everything through a political lens. And this divided, contentious political view of modern life has come to the investment world as well.
ESG investing—investment strategies that consider environment, social, or governance factors—is not new. Investors first started considering such factors at least as far back as the 1960s, when some American investors divested themselves of stocks from tobacco companies. However, there has a been an anti-ESG boom in the last two years, with several new funds coming online.
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