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Memo to Canadian mutual funds: stop greenwashing with vague ‘ESG integration’ claim

Corporate Knights

In a new anti-greenwashing policy, Canadian mutual funds will no longer be able to claim the vague and oft-criticized strategy of “ESG integration” if they want to be included in the country’s official list of responsible investment funds. In a case that received a lot of attention, DWS agreed to pay $25 million to the U.S.

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The Week in impact investing: Soft power

Impact Alpha

TGIF, Agents of Impact! ? Call it greenwashing. The post The Week in impact investing: Soft power appeared first on ImpactAlpha. Art of the deal. Or call it soft power. The presidency of the annual COP.

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Impact investing: 'a great defence against greenwashing'

Environmental Finance

With investors 'very focused on whether something is what it claims to be', impact investing is poised to thrive, Kieron Boyle tells Genevieve Redgrave

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AllianceBernstein: How Impactful Are Your Munis? Five Questions To Ask Your Manager.

3BL Media

Impact investing is one way. Muni managers may bill themselves as impact investors. But their approaches could be other forms of ESG investing in disguise—some just greenwashing or social washing—or they don’t have the roadmap, experience and resources to meet your impact goals.

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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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FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules

ESG Today

According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.

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New report shows $200-billion drop in responsible investing market share in Canada

Corporate Knights

For more than a decade, responsible investing in Canada experienced steady upward growth. 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. . More to be done on responsible investing.