'ESG investing is just investing.' Erika Karp's straight talk on ESG and a chat about SPACs.

Episode 41

'There is no such thing as ESG investing ... it's an analytical tool,' says Erika Karp, chief impact officer at Pathstone, and not utilizing it will hurt your investing in the long run. Erika chats with Jeff and Bruce about all things ESG investing, impact, and why it's important for advisers to go beyond the labels. Nicole Casperson joins to discuss SPACs and why so many celebrities are hitching their brand to the SPAC bandwagon.

Episode Notes

Interview with Erika Karp about ESG investing 00:15-20:15

  • ESG investing is just investing
  • Regulatory outlook for ESG and the opening up of retirement plans to ESG
  • The risk of greenwashing
  • The challenges of increasing ESG popularity
  • Impact investing vs. other ESG investing
  • When will we reach full adoption?

    Interview with Nicole Casperson on SPACs  20:45-35:10
  • The rise of SPACs
  • What’s in it for celebrities promoting SPACs?
  • High valuations in SPACs
  • Any impact on advisers

Related Article:  ESG investing is just investing

Related Article:  Pathstone acquires $1.1 billion RIA

Guest Bio: Erika Karp is the chief impact officer at Pathstone. She joins the Pathstone team from Cornerstone Capital Group, the sustainable and impact investment advisory firm she founded in 2013, which was acquired by Pathstone earlier this year.

Erika founded Cornerstone Capital Group to bring the disciplines of finance, economics and sustainability to bear in pursuit of a more regenerative and inclusive form of capitalism. Over the course of her 25-plus years on Wall Street, she developed a deep belief in environmental, social and governance analysis as a critical input to investment decision-making.

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