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New report shows $200-billion drop in responsible investing market share in Canada

Corporate Knights

A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and a tougher regulatory environment. . welcomed this reclassification, saying it will help bring an end to industry greenwashing. . More to be done on responsible investing.

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SFDR Update “Does not Kill Innovation” – AllianzGI

Chris Hall

In the months leading up to Level 2, some asset managers opted to downgrade various funds to Article 8 to avoid accusations of greenwashing. The second binding element aims to more meaningfully connect sustainability to the manager’s product strategy.