Hey Salaam wa Laikum Zoyans!
This might be a little bit dated for some of you…
Millennials led the charge for ESG, but more people are interested in them now as per CNBC. I’m a millennial and it’s more of something I use as a blocker when I decide on whether it’s something I’d like to include in my portfolio, similar to how I use shariah compliance. There is a lot to consider when we see ESG so I’d like to learn what you guys find most important.
I’m curious to learn from other Zoyans, what do you guys look for when considering ESG?
- I consider how the business activities effects the environment (pollution, recycling etc)
- I consider if the business has a diverse team
- I consider if business sells “bad” stuff (weapons, fire arms, military contracts, etc)
- I consider if the business operates in an active conflict area
Do those options even make sense? How would you define them? What other qualities do you consider?