Dear John,

A few weeks ago I let you know about our new essay series on environmental, social and governance investing — ESG investing for short.

(ESG is the latest movement by activists to compel businesses and persuade investors to pursue larger social goals, including environmental initiatives, by increasing financial disclosure regulations.)

The Fraser institute published the latest essay today, which finds that according to a broad review of existing research, there is no conclusive evidence that investing in companies with higher ESG rankings produces higher returns for investors.

Read the full essay here [[link removed]], and please help us spread the news on social media!

Sincerely,

Niels Veldhuis

President

The Fraser Institute

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