SIF 2023: Industry 'more worried than ever' about greenwashing

Sustainable fund launches have significantly declined, driven partly by growing fears of greenwashing accusations. This skepticism is causing a wave of fund reclassifications as issuers avoid strict labeling risks. The trend highlights how reputational dangers in greenwashing deter new sustainable product development.

Source: professionaladviser.com
Published on 2023-06-15