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Greenwashing in finance


Mon, 03, 21
Marcus Björksten manages one of Europe’s best-performing sustainable funds. His Fondita Sustainable Europe product returned an impressive 41.6 per cent last year, while its benchmark lost around 3 per cent.
Marcus Björksten manages one of Europe’s best-performing sustainable funds. His Fondita Sustainable Europe product returned an impressive 41.6 per cent last year, while its benchmark lost around 3 per cent.
It was a standout performance during a stellar year for sustainable investing, where environmental, social and governance issues are taken into consideration. ESG investing set record after record, with investors piling unprecedented levels of cash into sustainable funds, asset managers rushing to launch new products and research suggesting such investments outperformed mainstream rivals. ESG has become one of the most important shifts in the investment industry in a generation. ....

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