Barrick Gold's CEO lashes out against new-found ESG focus

Pedro Gonçalves
clock • 1 min read

Barrick Gold CEO Mark Bristow has criticised the fund management industry and what he calls a new-found refusal to invest in businesses that do not have satisfactory environmental, social and governance criteria. Speaking at a major mining event in Cape Town, Bristow asked why some of the most profit-hungry asset managers were refusing to invest in businesses that did not meet ESG criteria. "Even late capitalism's supposedly unvarnished practitioners have suddenly discovered the merits of a social conscience and are now saying they won't invest in a business that doesn't have a satisf...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?