Probably not. The economist Kelly Shue argues that E.S.G. investing just gives more money to firms that are already green while depriving polluting firms of the financing they need to get greener. But she has a solution.
Keep in mind this is from Stephen J Dubner, the man who published Why Hate the Koch Brothers? (in multiple parts) on the same channel – https://freakonomics.com/podcast/why-hate-the-koch-brothers-part-1/
However, this is worthy of consideration as an example of system thinking, I believe…