Week 11 - Greenwashing by investors Flashcards
1
Q
Why do investors greenwash?
A
- attract investment
- charge higher fees
- enhance reputation, mask poor performance
2
Q
How many new sustainable funds launched in europe in 2020, and how many funds just repurposed themselves as sustainable?
A
360 new sustainable funds
250 traditional funds repurposed
3
Q
example of a fund repurposed to be more sustainable
A
Fidelity’s core euro bond fund turned into Fidelity’s sustainable strategic fund
4
Q
A
