The temperature continues to rise on ESG funds, with chilling examples of greenwashing enforcement in the US (involving BNY Mellon) and Germany (involving DWS).
Fund boards play an essential role in overseeing how ESG is implemented in funds, so what should they be doing to help keep their funds on the right flightpath? FBC has been researching this question in recent months, speaking with dozens of fund board directors and other professionals around the world to understand how they oversee ESG funds. We have also researched what regulators currently expect of firms, as well as the emerging direction of travel. Where we are headed We think that the destination is fairly clear today and that we need to get to a place where: Fund labels,...
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29 October 2024
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3 min read
