A year after the introduction of the SFDR, the issue of greenwashing seems to be constantly in the headlines.
Despite the introduction of the legislation in March 2021, there are still concerns about how the rules are being interpreted by different players. As a result, ESMA has announced it will prioritise the ‘fight' against greenwashing in its new Sustainable Finance Roadmap, while Morningstar has slashed the list of funds it recognises as sustainable by 27% following additional research on disclosures provided to investors. This was before Russia invaded Ukraine and threw a multitude of new questions into the laps of ESG investors: for example, should investors relax environmental policie...
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