Sustainable investing advocate says 'anti-woke' backlash in US won't stop the movement
Maria Lettini already knew about the backlash going on in the United States against ESG investing, which takes the environment, social issues and corporate governance into account, when she took over as chief executive of US SIF last year
By STAN CHOE
Published - Sep 16, 2024, 06:01 AM ET
Last Updated - Sep 16, 2024, 06:01 AM EDT
NEW YORK (AP) — Maria Lettini already knew of the backlash against ESG investing when she took over as chief executive of US SIF last year.
US SIF is an advocacy group that supports sustainable investing, which encourages investors to consider a wider set of risks including the environment, social issues and corporate governance in hopes of improving their returns.
But returning to the U.S. after several years working in the U.K., Letting wasn’t prepared for how widespread the backlash against ESG was. Lettini spoke with The Associated Press about that and sustainable investing generally. The conversation has been edited for clarity and length.
