E.S.G. Investing - What it Means and Its Pros/Cons

With larger discussions going on about important ethical issues, I thought it would be helpful to discuss ESG investing, and approach that looks to balance social values with profits.

DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers.

[faustin]

*Green washing* is the key word here.
People (companies) will do and say anything for profit.

[Gus_sv]

Sooo underrated channel i really learned alot form your channel Richard thank you

[VictorPierosan]

Here's the trick. Who's going to determine the metrics for E.S.G investing?

[IXPrometheusXI]

You know, it’s really occurring to me now how the move from pensions to 401k retirement plans has given financial sector actors (and the laws and forces governing them) a lot of influence over where capital is invested in society.

[utubifiable]

That Metal Gear alert sound, I see you're a man of taste.

[sncshdr]

I appreciate what seems to be an unbiased source of info on the subject - we need more of this type of information

[samsonsoturian]

Good to bring up ethical investing in the middle of an EV bubble.

[abrahamaguilar]

I’m pretty sure this was an episode on Black Mirror. Crazy.

[noechoo]

God damn dude, you have a fantastic way of explaining things. It's very simple and precise. Absolutely love it. Keep it up!

[danielshaikhali]

In India we have something known as CSR ( Corporate Social Responsibility) where companies have to give away 1% of the profits towards social stuff. Only if you have more profits .. like a million dollars

[AlexQuinnYT]

It can be easy to feel ethically removed from your investing decisions because you don't see the direct impact. I'm going to make it my goal to become more knowledgeable in my investments so that my money is going to more ethical and sustainable companies.

[williamrosa]

Just a clarification here 5:08. 0% of your investing dollars go towards the business that the stock represent. You are paying OTHER investors for that stock. So no, your investing money will never become "donations" to a business.

Companies do NOT raise money through stocks outside their initial IPO, so deciding not to buy Shell stock because you don't want to support Oil business is wrong, or at least ineffective.

Companies care about CONSUMERS. If you don't want to support a business, just make sure you are not one of its consumers. It is that simple.

Or if you have a lot of money, DO buy a lot of that business stock so you can influence its board of directors on better directions through shareholder votes.

[BusinessMadhouse]

Ethics make a lot of difference. We put out our latest video on viatical settlements- how people make money through death. Is that ethical?

[Seadoor]

Commenting to give you an interaction for the YouTube algorithm

[OneNewHope]

60% of my 401k is in a Global Sustainability fund. A big reason I chose it is because I want to avoid supporting some companies I find... evil...

[BAIGAMING]

If you want a donation that's cheap, easy and effective, donate to the World Wildlife Foundation, maybe $10 or $20 or so, they'll give you a calendar and animal plushies. You'll get a charitable tax break for the amount you donated, get a calendar with nature, and you get cute animal plushies, which you can give to your younger cousins or nephews/nieces.

[WaldenSpawn]

🤔 I need a fund that doesn’t invest in ESG companies.

[DRAKKENFIRE]

This video is far more informative and easier to follow than CNBC's ESG video. From what I've learned from this and other videos, traditional investing is for me. If I want to do good things, then I'll do good things. I'm not going to support something that sounds good while doing basically nothing or the opposite. Placing diversity/inclusion over skill/experience doesn't reflect my values. Since ESG is mostly about investing in companies that pander to leftist mob pressure, I'll pass.

[davidsdinero]

ESG can definitely make you some money!

[AlejandroForeroCuervo]

Great video, Richard! I think you made a very thorough and fair analysis. I definitely enjoyed watching this video; thank you for sharing it.