The ESG investing landscape is changing, and fast. With each passing day, there is another piece of news related to changes in how funds are going to be classified from an ESG perspective.
There are too many to count - the FCA is narrowing the crosshairs on ESG ratings providers, who are accused of facilitating greenwashing with systems that are not stringent enough. Eurosif announced this week that it is expecting its 2023 judgement on the size of the European sustainable investing market to more than half year on year, based on its updated methodology, which raises the bar for managers labelling their funds as ESG compliant. FCA scolds 'poor' ESG benchmark providers for risking 'widespread failings' The FCA's impending statement confirming Sustainable Disclosure Re...
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