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ESG investing has a blind spot that puts the $35 trillion industry's sustainability promises in doubt: supply chains

By Tinglong Dai, Professor of Operations Management & Business Analytics, Carey Business School, Johns Hopkins University
Christopher S. Tang, Professor of Supply Chain Management, University of California, Los Angeles
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If you own stocks, chances are good you have heard the term ESG. It stands for environmental, social and governance, and it’s a way to laud corporate leaders who take sustainability – including climate change – and social responsibility seriously, and punish those who do not.

In less than two decades since a United Nations report drew attention to the concept, ESG investing has evolved into a

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