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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion in 2020 from US$6.6

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The conference was held at an important time for the responsible investment industry in Canada and around the world.

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Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Sustainable Investment Forum (U.S. between 2020 and 2022.

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DWS CEO Quits Over Greenwashing Accusations

Chris Hall

The US SEC and Germany’s BaFin last year launched separate investigations into allegations made by Fixler that DWS was overstating its use of sustainable investing criteria. were not taken into account at all in a large number of investments,” the prosecutors’ office said, calling the potential wrongdoing “prospectus fraud”.

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Greenwashing Managers Must Heed Watchdogs’ Bark

Chris Hall

Asset managers should expect and prepare to be challenged on the sustainability credentials of their ESG-labelled funds as financial markets watchdogs clamp down on greenwashing, according to regulatory experts. . The SEC has also recently fined BNY Mellon Investment Adviser US$1.5

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5 Questions About Sustainable Investing

Jon Hale

End of Week Notes Answers to questions ranging from overall purpose and different approaches to greenwashing and performance. Here are a few questions I fielded about sustainable investing that seem to be on the minds of a lot of folks: What is the real purpose of sustainable investing? Talking with actual people!

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ESMA Warns on “Misleading” Use of ESG-related Terms by Funds

Chris Hall

Research by the European regulator shows that ESG-related named fund s attract more inflows , raising concerns about potential greenwashing. Mazzacurati noted that the introduction of SFDR did lead to more extensive disclosure in investment fund documentation concerning ESG characteristics or sustainable investment objectives.