Funds marketed as "sustainable" hit by crossborder reality check
New report reveals that only 4% of funds using the word sustainability, or some version of it in their names, actually comply with all current and planned requirements set by authorities.
By Frances Schwartzkopff / Bloomberg
Hardly any sustainable funds would consistently be able to market themselves as such in the UK, the US and the European Union as watchdogs in the three jurisdictions implement divergent anti-greenwash rules, according to a fresh study based on more than 18,000 investment products.
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