Scientific Beta

GoldenSource; "ESG guidance and regulation is itself vague, and the minimums set in some standards may make no difference on greenwashing. Felix Goltz, a research chair at EDHEC, a European business school, says funds can “game” the systems of ESG ratings to get better sustainability scores without actually making their practices more sustainable. Funds that are touted as ESG funds often are comprised of investments that aren’t that different from regular index funds."

GoldenSource 29/09/2021

"(...) ESG guidance and regulation is itself vague, and the minimums set in some standards may make no difference on greenwashing. Felix Goltz, a research chair at EDHEC, a European business school, says funds can “game” the systems of ESG ratings to get better sustainability scores without actually making their practices more sustainable. Funds that are touted as ESG funds often are comprised of investments that aren’t that different from regular index funds. (...)"