I'd argue there's a lot of money to be made in an ESG aware approach over the long term.
The fact that Whitehaven has become much more focused on met coal (because even Whitehaven realise that thermal coal has an expiry date, what that date is remains anyone's guess, though) has allowed Australian Super to consider allocating a large amount of money to it. So, funnily enough, its Whitehaven's own ESG focus that has opened the company up to more investment during somewhat of a downturn for the industry.
So yeah, don't dismiss ESG out of hand.
WHC Price at posting:
$5.75 Sentiment: Hold Disclosure: Held
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