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News July 29, 2019 Issue

Peirce Critical of ESG Standards and Their Effect on Advisers and Proxy Firms

Likening it to the use of the letter A in Nathaniel Hawthorne’s The Scarlet Letter, SEC Commissioner Hester Peirce has called out what she terms the increasing use of the environmental-social-governmental (ESG) label as a measuring stick for investments.

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