The little-known group that’s battling Wall Street over ESG

Anti-ESG investing: Hild is part of a network of conservatives committed to defeating ESG, many of them opposed to efforts to mitigate climate change. — Bloomberg

NEW YORK: Operating with a meager budget from a suburban home outside Washington, Will Hild is gearing up for his next battle against Wall Street and the forces behind environmental, social and governance (ESG) investing.

Hild and his tiny workforce at Consumers’ Research are at the forefront of the movement, crafting adversarial campaigns that attack money managers who try to combine profits with altruistic goals by using ESG metrics to help decide where to invest.