I want to choose myself, not be forced

Could a waning interest in Environmental, Social and Governance (ESG) among investors be a sign that investors are beginning to understand that ESG does not put food on the table and a roof over their heads?

Our main bank, Nordea, has several ESG analysts employed who helps companies that Nordea plans or already invests in to strengthen their sustainability (Environmental). Taking responsibility for, among other things, working conditions, employee rights and diversity (Social). As well as assisting the corporate governance in the companies whose task is to function as a control mechanism in matters of bribery and corruption, tax, remuneration to the top management, shareholders' voting rights and internal control (Governance).

If I had to decide, Nordea and all other banks would assist the companies with possible financing, be a sounding board for issues related to the core business, etcetera. Not forcing the company to shift focus and assets from its core business to picking low-hanging fruit that doesn't add value to my investments.

If I want to invest according to ESG, there are several alternatives that fulfill that purpose. On the other hand, if I want to steer clear of investing according to ESG, I should also have that option.