Over the course of the past ten years, the Environmental, Social and Governance (ESG) framework has become the primary instrument employed by global corporate bodies and international financial institutions in various ways to transition to a sustainable economy. ESG is promoted as the practical, if not cynical, answer to social inequality and the climate crisis, the intellectual fix for capitalism whereby social change is engineered via the mechanisms of financial markets. On the whole, however, in contrast to this rosy perspective, ESG represents the new face of green neoliberalism, a mode of capitalism that uses sustainability covers to sustain market dominance and stabilize the unequal global economic order.