“94 funds had ‘ESG’ in their names yet 60 of those earned a ‘D’ or an ‘F’ on one or more ESG criteria.”
[COMMENTARY]As You Sow and a team from the University of California did the study. So it’s a quality study. This study provides more ammunition for the SEC to act aggressively on ESG fund greenwashing.
ESG Funds’ Lack Truth in Labeling: Study, by John Sullivan, February 27, 2022, 401K Specialist, USA.