ESG still a ‘minefield’ for wary wealth managers
Investment advisers now distrust sustainability claims entirely, fearing reputational and business risks from recommending misleading funds. This collapse in trust highlights the severe credibility crisis caused by pervasive greenwashing practices. Consequently, the financial sector must urgently address these deceptive marketing tactics to restore professional integrity and client confidence.
Source: professionaladviser.comPublished on 2023-11-01