What are common mistakes in sustainable investing?
Some common mistakes include not doing enough research, focusing solely on ESG ratings, and ignoring financial performance.
Can you explain why focusing only on ESG ratings is a mistake?
Focusing only on ESG ratings can lead to overlooking other important factors like financial health and market trends.
What should I consider when evaluating sustainable investments?
Consider the company's overall impact, financial performance, industry trends, and how well they align with your values.
How can I avoid these mistakes in my investment strategy?
To avoid mistakes, conduct thorough research, diversify your portfolio, and regularly review your investments.
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