article thumbnail

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. . Negative screening (for instance, screening out weapons, tobacco or fossil fuels) is number two at 91%, and corporate engagement is third at 79%. .

article thumbnail

ESG Evolution Calls for Terminology Alignment

Chris Hall

The growing use of ESG-related language in fund names and documentation without transparency and underlying evidence increases greenwashing risk, ESMA warned.

article thumbnail

Philippine SEC Finalises Green Fund Rules

Chris Hall

The rules were issued for consultation in January 2022, with the aim to enhance the transparency of disclosures on sustainability-related products, improve product comparability, and guard against greenwashing. . It must also appropriately reflect this focus in its investment objectives or strategy in its registration statement. .