Monaco for Finance: "However, criticisms of greenwashing are emerging. What does this really mean? The Scientific Beta Chair at Edhec Business School warns that there is a risk of greenwashing with some ESG index funds and emphasises that within so-called “climate” stock indices, the climate data “represent at best 12% of the factors that determine the weighting of shares in a portfolio."
Monaco for Finance 20/01/2022
"(...) However, criticisms of greenwashing are emerging. What does this really mean? The Scientific Beta Chair at Edhec Business School warns that there is a risk of greenwashing with some ESG index funds and emphasises that within so-called “climate” stock indices, the climate data “represent at best 12% of the factors that determine the weighting of shares in a portfolio.” (...)"
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