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The Investor Revolution

About the Art: Daily Overview uses the world’s highest-resolution satellite and aerial imagery to show how human activity and natural forces shape our planet. This image: Lithium-rich waters sitting in evaporation ponds in Chile | Daily Overview/DigitalGlobe, a Maxar Company   

Most corporate leaders understand that businesses have a key role to play in tackling urgent challenges such as climate change. But many of them also believe that pursuing a sustainability agenda runs counter to the wishes of their shareholders. Sure, some heads of large investment firms say they care about sustainability, but in practice, investors, portfolio managers, and sell-side analysts rarely engage corporate executives on environmental, social, and governance (ESG) issues. The impression among business leaders is that ESG just hasn’t gone mainstream in the investment community.

A version of this article appeared in the May–June 2019 issue of Harvard Business Review.

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