Funds · Sustainability · Investment news

Drastic reduction of sustainability labels for passive investment funds

Environmental money illustration

As many as 70% of the ETFs touted as the most sustainable in their class by the fund companies that offered them have been downgraded in one year. Rather than aiming for sustainable investment, passive funds were found to incorporate only one ESG factor.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.