Clarity AI: Only 7% of a Sample of 31,000 Equity Funds Have More Than 10% ‘Green Revenues,’ as Defined in the EU Taxonomy.

Clarity AI: Only 7% of a Sample of 31,000 Equity Funds Have More Than 10% ‘Green Revenues,’ as Defined in the EU Taxonomy.

The EU Taxonomy aims to align market participants on definitions of sustainability, but investors need to dig deeper to know just how ‘green’ a fund really is.”

[COMMENTARY]I believe that it’s a great idea ethical and sustainable that funds differentiate themselves according to how ‘green’ their revenues are. And it’s happening. I really like what Corporate Knights are doing too. SeeReport: Meet the top 200 companies investing in a clean energy future.
Clarity AI: Only 7% of a Sample of 31,000 Equity Funds Have More Than 10% ‘Green Revenues,’ as Defined in the EU Taxonomy, press release, March 17, 2022, Clarity AI, USA.

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