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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. Under the new definitions in 2022, those assets are 14% lower at US$30.3

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Sustainable Funds Landscape?—?Highlights and Observations

Jon Hale

Sustainable Funds Universe, 2012–21 Source: Morningstar Direct. Sustainable Funds Flows and Assets, 2012–21 Source: Morningstar Direct. Improving transparency will help reduce the mismatch between investor expectations and their sustainable investments, which I think is at the root of a lot of greenwashing concerns.