Sustainable finance is rife with greenwash. Time for more disclosure
Supposedly green and cuddly funds are stuffed full of polluters and sin stocks
INVESTORS ARE all too familiar with the rise of Tesla. Shares in the electric-vehicle maker are now worth nearly nine times what they were at the start of 2019. But it is not an exception. As political leaders across the world start to send clearer signals about their willingness to tackle climate change, the private sector is getting enthused, too, and a green boom is under way.
This article appeared in the Leaders section of the print edition under the headline “Hot air”
From the May 22nd 2021 edition
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