Forget the drama of Succession and The Godfather — family businesses can be a great investment Companies with big family stakes are notorious for rows over ownership, control and succession — not to mention nepotism. Accordingly, existing Environmental, Societal and Governance (ESG) ratings mark them down on governance, discouraging anyone looking to invest for responsible growth. But if you dig a little deeper, there are good reasons to invest in them. [...]
No more posturing — impact matters more than dogma in the fight against climate change “As the number of products that claim to be linked to firms’ sustainability performance increases, we need to be careful to ensure that investors do not end up buying products that are marketed as sustainable when in reality they are not”. That’s the view of Steven Maijoor, chair of the European Securities and Markets Authority. [...]
