OpinionOpinion byStella TaylorNZ Herald·7 Jul, 2026 05:00 PM5 mins to readStella Taylor is a sustainable investment analyst at GenerateBeyond the backlash: The evolution of ESG investing continues. Photo / 123rf
In an era of war, oil shortages and “anti-woke capitalism,” record outflows from ESG-labelled funds are unsurprising. JPMorgan and Goldman Sachs – the two largest global investment banks – have left net-zero alliances, European funds have softened rules around defence investing, and hundreds of other funds have dropped ESG from






