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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion in 2020 from US$6.6

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The conference was held at an important time for the responsible investment industry in Canada and around the world.

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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. Sustainable Investment Forum (U.S. between 2020 and 2022.

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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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Why are financial advisers shunning green funds?

Corporate Knights

It was a painful decision, Lala says of closing the Evolve North American Gender Diversity Index ETF in 2020. Tim Nash, founder, Good Investing Morningstar says that after three years of high growth, managers are being more selective and tactical in their approach ahead of anti-greenwashing regulations in the United Kingdom and Europe.

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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.