In over their heads? How greenwashing overwhelms regulators

Difficult to identify and difficult to prove: asset managers doubt regulators’ ability to crack down

As the focus on climate change intensifies, and demands for sustainable investing develop, fund managers have found their green credentials also inviting greater scrutiny. This in turn puts pressure on regulators to crack down on cases of greenwashing, where funds overstate their commitment to financing the transition away from fossil fuels.

But asset managers doubt regulators are fully ready for that challenge just yet.

“What will take time is for the European supervisory authorities to

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