JPMorgan managing director Chuka Umunna’s job title is “head of Emea ESG” — yet he doesn’t like the moniker which has become increasingly controversial .
“I tend to prefer sustainability over ESG myself,” he told Financial News in a wide-ranging interview. “There’s been a move towards using the term sustainability in the US over ESG just because it has become quite a politically loaded phrase. Whereas in Europe, I think the two terms are used interchangeably.