Even the creator of the “Dilbert” cartoon is taking potshots at an investment strategy that focuses on risks tied to the environment, social and corporate governance. In a series of illustrations published last week, author Scott Adams criticized ESG, comparing it to a “colicky” baby with “firehouse diarrhea.”
Adams is known for his strong opinions, and his position on ESG matches the political rhetoric coming from the governors of Florida and Texas, as well as other Republican leaders. They say they want to obliterate the investment philosophy from the American corporate landscape. Adams is onboard: In a YouTube video that aired last week, he said, “I am going to destroy ESG,” or at least “take a shot at it.”
Source: ‘Dilbert’ Becomes the Voice of the ESG Opponents: Green Insight – Bloomberg