ASIC s latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well.
There is an ever-growing list of rules and regulations for enterprises to get their heads around when it comes to sustainability, but what can they do to keep on top of things?
FCA did not hold back in its most recent comments to ESG benchmark administrators, in an indication of its increasingly adversarial approach to greenwashing. It described the quality of disclosures of ESG factors considered in benchmark methodologies as poor.
With ESG (Environmental, Social and Governance) funds on a dramatic incline, an incline expected to continue going forward, it seems inevitable that regulatory reform is on the horizon.
With ESG (Environmental, Social and Governance) funds on a dramatic incline, an incline expected to continue going forward, it seems inevitable that regulatory reform is on the horizon..