Scientific Beta

Investors' Chronicle: "And researchers from Paris business school EDHEC have this week highlighted the limpness of ESG ETFs with a study that found only 12 per cent of fund composition was based on ESG scores with most determined by market cap. The report, titled “ Doing Good or Feeling Good? Detecting Greenwashing in Climate Investing”, also found funds’ holdings tended to be in businesses that were on a downward ESG trajectory."

Investors' Chronicle 23/09/2021

"(...) And researchers from Paris business school EDHEC have this week highlighted the limpness of ESG ETFs with a study that found only 12 per cent of fund composition was based on ESG scores with most determined by market cap. The report, titled “ Doing Good or Feeling Good? Detecting Greenwashing in Climate Investing”, also found funds’ holdings tended to be in businesses that were on a downward ESG trajectory. (...)"