Steps against greenwashing will make ESG more than a marketing tool
While governments are enacting stringent regulations, four leading standards organisations will collaborate
09 June 2021 - 15:44
Environmental, social and governance (ESG) investing is booming. Driven by concern about the environment and social issues, as well as the promise of outsize returns, investors have ploughed much capital into ESG-focused funds and other investments. Morningstar reported in 2020 that there are more than $1-trillion (R14-trillion) in assets in global sustainable funds.
But amid that growth, some have raised concerns that companies are simply using ESG as a marketing tool without making any real effort to tackle these issues. ..
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