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AllianceBernstein: Four Counterpoints to ESG Investing Critics

3BL Media

Recent prominent media articles have warned of a bubble and criticized sustainable portfolios for being ineffective as agents of change. Sustainable investment funds are mushrooming. Assets under management in Morningstar’s global sustainable fund universe surged to $2.75 We think the critics have missed the point.

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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.

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Guest Post – When Companies Go Quiet: Exploring the rise of Greenhushing

ESG Today

By: Priyanka Bawa , Senior Analyst in the Verdantix ESG & Sustainability practice Despite more net zero targets being set than ever before, and more science-based targets being used to back them, 2022 research from South Pole shows that one in four businesses do not intend to talk about their science-aligned climate targets.

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Article 8, Greenwashing and Transparency

Chris Hall

However, between regulations and ambitions, there are operational implications that are redefining the entire landscape of sustainable investments. This confirms how the use of more sophisticated data collection tools can represent a competitive advantage in sustainable investments.

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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

The ruling comes as financial institutions and other companies increasingly face regulatory scrutiny over greenwashing concerns. Earlier this year, the CEO of Deutsche Bank’s investment arm DWS resigned after police raided the firms’ Frankfurt offices as part of an investigation into greenwashing allegations.

Net Zero 136
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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