Wall Street Analysts Value Good ESG With or Without the Label -- Or Do They?

Shareholders, companies and capital market experts are working through just how to integrate ESG (Environmental, Social and Governance) performance into analyst reports so that companies with strong ratings might be considered more attractive investments. The underlying assumption is that companies that integrate ESG into their operations are more likely to shun the ills of short-termism, including our lingering obsession with quarterly earnings—a chronic symptom of our hangover from the 2008 ...