Roma Green IPO Underwhelms As Investors Fail To See Green In Its ESG Story


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WANAN YOSSINGKUM The environment, social and governance advisory firm priced its shares at the bottom of their target range in their modest New York IPO It's no news that environmental, social and governance, or ESG, is one of the most trending acronyms for companies nowadays as investors increasingly demand they do something good for society, instead of just pursuing profits. So, it may also seem like a no-brainer that businesses dedicated to this emerging investment theme should proliferate and thrive as well. But the reality isn't so straightforward, as newly listed Roma Green Finance Ltd.'s (NASDAQ:ROMA) struggle to boost its...