“On September 20, the (US) SEC updated its rules that govern environmental, social and governance (‘ESG’) investment funds. The new rule updates how these funds are named, requiring a fund that advertises itself as ESG to hold at least 80% of its investments in related assets.”
[COMMENTARY] These new rules might still prove tricky to enforce. However, it’s good that attempts are made to restrict greenwashing.
What to Know About the SEC’s ESG Investing Rules, by Eric Reed, October 12, 2023, Yahoo! Finance, USA.