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ESG Evolution Calls for Terminology Alignment

Chris Hall

In November 2021, the International Organization of Securities Commissions (IOSCO) said there is need for the global investment industry to “develop common sustainable finance-related terms and definitions” to ensure consistency.

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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. .

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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.

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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. . RIA CEO Pat Fletcher sees this adjustment as a welcome development. . The value of portfolios classified as responsible investments (RI) dropped from $3.2