Greenwashing Risk Grows in China ESG Funds
Greenwashing Risk Grows in China ESG Funds
ESG Investor
Chinese asset managers are improving ESG awareness, but weak regulation means green claims often don’t match reality, says Greenpeace.
Greenwashing is a growing risk in the Chinese fund management sector, as marketing of ESG products runs ahead of standards and regulatory oversight, a new report by Greenpeace has found. The environmental campaign group’s study of 16 major Chinese asset managers found they had improved their awareness of climate risk…
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