The ESG Bank: Eastern Bankshares (NASDAQ:EBC)

Seeking Alpha | Oct 19, 2020 at 6:16 PM
  • Environmental, Social, and Corporate Governance or ESG investing focuses on three main factors of investing based on sustainability and social impact.
  • For one example, the warrant that was poised to be the next big ESG beneficiary in that earlier article has returned over 300% in the three months since publication.
  • If it goes terribly wrong, we probably won’t lose anything over the same time period as the management is experienced, the balance sheet is historically conservative (and particularly well capitalized today) and banks are likely to get a tailwind from a post-Covid recovery.