No time to be passive

Over the last several years we have seen ESG transform itself from an occasional afterthought to a main topic of discussion. Despite its hugely progressive, efficient and vastly wealth creating characteristics, the modern capitalist model seems to struggle to deal effectively with externalities. This is nothing new, since the coming of age, we have seen small entrepreneurs, large corporations and everyone in between across many industries find ways to maximize their profits in the short run whilst often spreading certain costs (more difficult to allocate or estimate) to the wider population.