Regulators take aim at greenwashing

In many ways, global regulators and legislators are playing catch-up when it comes to ESG, and in particular, greenwashing. The hard-to-measure nature of the outcomes of ESG investing gives rise to ambiguity, which allows some firms to present themselves as greener than they really are. The greenwashing scandal at DWS shows just how embedded greenwashing can be within a business, while countless other funds, managers and investment decisions can be bracketed under the term. But the images of 50 German police officers raiding DWS Frankfurt offices are emblematic of a shift in sustainab...