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ESG judgments seek to make the thought count

Photo: Getty Images

With ESG criteria increasingly being brought to bear on investment decisions, there’s recognition that reliable benchmarking is needed. We take a look at the challenges facing those trying to establish common standards.

When the Quakers decided at their Yearly Meeting in Philadelphia in 1758 to forbid members from investing in the slave trade, they started on a path that has led to the ESG framework taking shape today.  

ESG, or ethical, social, and governance criteria, may originally have been rooted in religious