Why all funds becoming ESG may not be a good thing.
“The trouble is that as things stand, it is easy for managers to pay lip service to a sustainable investment approach in their marketing material and fund name, while in reality adopting a pretty light touch in that regard – a practice known as greenwashing.”
[COMMENTARY] The warnings about greenwashing are valid. However, it appears that governments and investment industry regulators are increasingly taking steps to ward off the problem.
Why all funds becoming ESG may not be a good thing, by Haydon Waldek, March 30, 2021, Interactive Investor, UK.