BlackRock, State Street scramble to manage greenwashing risk
“The Financial Services Council held an urgent phone hookup with members this week to discuss their vulnerability to prosecution for misleading and deceptive conduct, similar to that brought against a Vanguard bond ETF by the Australian Securities and Investments Commission.”
[COMMENTARY] If not settled, using terms such as ‘green’ bonds — green or sustainable anything — could disappear! It’s that important!
BlackRock, State Street scramble to manage greenwashing risk, Hannah Wootton and Joanna Mather, August 3, 2023, Financial Review, Australia.