More than 3,000 funds were re-badged as sustainable in 2020, and on average two new ESG funds are being launched every day.
But fears are growing that a lack rules and taxonomy in the world of sustainable investing has led some in the industry to ignore the true purpose of ‘E' ‘S' and G' and use the term as a marketing exercise for fund launches.
With special guests Federated Hermes CEO Saker Nusseibeh and UK Sustainable Investment and Finance Association CEO James Alexander, host and head of financial content at Incisive Media, Hardeep Tawakley delve into this controversial issue and look at if greenwashing is a risk to the credibility of the sector in 2021, and most importantly, what rules - if any - should be put in place for the asset management industry.
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