Remove 2024 Remove Greenwashing Remove Sustainable Investment
article thumbnail

Sustainable investments had secretly great year

Corporate Knights

Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy stocks and the chorus of opposition against anything viewed as “woke,” it’s easy to get lost in the narrative that the shine has worn off sustainable investing. But that’s not what I’m seeing.

article thumbnail

85% of Investors Say Greenwashing is a Growing Problem: EY Survey

ESG Today

For the report, the EY 2024 Institutional Investor Survey, EY surveyed 350 investment decision-makers globally, across asset management firms, wealth management firms, private banks, insurers, pension funds, family offices, foundations, endowment funds and sovereign wealth funds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules

ESG Today

According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.

article thumbnail

These 50 Canadian corporations are carving out a more sustainable future

Corporate Knights

Yes, greenwashing and window-dressing still dominate the business landscape, but rankings like the Best 50 prove that progress is possible. Banks, asset management and insurance peer groups are not assessed on the sustainable investment KPI. The weight of this KPI has been reweighted to the sustainable revenue KPI.

article thumbnail

Why are financial advisers shunning green funds?

Corporate Knights

Hundreds of RI funds have been winding down in the United States and Europe in 2024 alone, and product development slowed significantly in the first nine months of the year when, according to Morningstar data , 246 new funds came to market globally, compared with 444 over the same period in 2023.

article thumbnail

ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

More than half of financial institutions with the largest exposure to deforestation, including BlackRock, Vanguard and State Street, are yet to publish a single policy on deforestation, according to Forest 500’s 2024 annual report. JBS hopes its dual listing, likely delayed to the second half of 2024, will increase its access to US capital.

article thumbnail

Switzerland to Introduce Labelling and Disclosure Rules for Sustainable Investment Products

ESG Today

Switzerland’s Federal Department of Finance (FDF) announced today that it will proceed with plans to propose regulations to address greenwashing in the financial sector, including investment and disclosure rules for financial products using labels such as ‘sustainable,’ green,’ or ‘ESG.’