Is ESG going to become even more polarising?

Humans seem to like being in a tribe. Football teams, political parties, music; people often identify with a certain group and become blinded to any nuances. ESG seems, worryingly, to be heading in this direction - people picking a side and standing firm, even as the information and situation change around them. Although there have always been camps, as ESG has become more mainstream there appears to be a growing division in the investment space. This division is widening between those who laud exclusions (i.e. negatively screening out certain types of companies) and those who invest in ...