How One Firm That Focuses on Impact Investing Is Handling ESG Blowback
Environmental, social, and governance investing has come under attack from critics who say it prioritizes nonfinancial goals over investment returns. And that has led some clients of $17 billion-asset Laird Norton Wetherby Wealth Management, which prides itself on its impact investing acumen, to ask the firm tough questions about its approach. “I think that’s healthy,” says Justina Lai, the chief impact officer of the San Francisco-based business. “It’s part of their due diligence process to make sure that we’re doing what we say we’re doing.”
Speaking…
