One of the large-scale regulations coming into play in 2023 will be fresh European rules around ESG fund marketing. Asian nations are also planning labelling and disclosure requirements.
The two major institutional investors also shared their approach to tackling greenwashing, which includes going beyond standard disclosures and using artificial intelligence tools.
Investors and fund managers must play their part in ensuring that ESG funds deliver on their promise – but only government action will ensure this happens, say conference panellists.
DWS is not the only firm misrepresenting on ESG, Desiree Fixler said; Sunsuper turns opportunist on China high-yield property; Funding gap persists in Asia Pacific even as funds pour in; Barings to open Singapore office in November
The run-up to the COP26 meeting in Glasgow provides an opportunity for governments to take stronger leadership on the climate crisis as scepticism over green financing escalates.
In new statements on the extent of greenwashing in the fund management industry, Desiree Fixler highlights some uncomfortable truths about sustainable investing.
Fears of greenwashing are on the rise amid a high-profile probe into DWS Group’s ESG investing claims and warnings from a former BlackRock executive, but how prevalent is it?