Does ESG investing produce better stock returns?

To be fair, not all of the research published on this topic supports the notion that ESG factors always lead to better stock returns. There are plenty of variables that can result in varying degrees of success, including elements as simple as time frame, and the fact that not all stock pickers are good stock pickers.

Why was Tesla removed from ESG Index?

The electric automaker was taken off the ESG index by S&P Dow Jones Indices due to Tesla's ongoing issues of racial discrimination claims from employees and how it has dealt with a National Highway Traffic Safety Administration (NHTSA), a government investigation after several crashes were connected to its autopilot vehicles.

What is S&P/EGX ESG Index?

The S&P/EGX ESG provides investors with exposure to 30 of the best performing stocks in the Egyptian market as measured by environmental, social, and governance parameters. The index measures environmental, social, and corporate governing practices based on quantitative rather than subjective factors with the implementation of a unique and innovative methodology standardized by S&P Indices.