DWS, HSBC... a plea for impact and dual materiality

Evolution of finance is indispensable

Criticism of sustainable finance and ESG management is taking on significant proportions.

Following the criticism of those who think that green finance is an 'illusion', the attacks of a former follower like Tariq Fancy, the resurgence of interest in gas or armaments following the war in Ukraine, the news has been marked in the last few days by the speech - followed by the suspension - of Stuart Kirk at HSBC, and then the raid at DWS. What do these events tell us about greenwashing and ESG? First of all, we certainly overestimate the amount of assets that are really managed by seriously taking into account environmental and social criteria. And to tell the truth...