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ESG finance greenwashing

New Data Shows Rampant Greenwashing In Sustainable Finance, With ESG Funds ‘Stuffed’ Full OF Fossil Fuel Stocks

3 Mins Read As sustainable investing gains momentum, more funds touting themselves as “green” are misleading investors. According to a report published by the Economist, some of the world’s biggest ESG funds are “stuffed full of polluters and sin stocks”, suggesting widespread greenwashing practices in the realm of sustainable finance.  Sustainable investing has been steadily gaining momentum globally, […]

‘Wall Street Is Greenwashing Finance’, Says Former BlackRock Sustainable Investing CIO

3 Mins Read ESG-forward investing seems to be taking over the financial industry, but ex-BlackRock chief investment officer for sustainable investing Tariq Fancy warns that this is simply another form of greenwashing. In an opinion article, Fancy says that the Wall Street is “greenwashing the public with deadly distraction in sustainable investing practices” instead of getting to the […]