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SCM Direct | Greenwashing: Misclassification and Mis-selling of Ethical Investments
We are witnessing a plethora of ESG (Environmental, Social and Governance), SRI (Socially Responsible Investing) and other ethically based strategies being launched; in the UK and internationally. In the rush to satisfy this growing consumer demand, companies are launching products amidst a data fog where it is difficult to see or identify what is really being held within these funds. Whether it is deliberate or accidental, clients who wish to satisfy their twin goals of return terms as well as having regard for the planet and society, are being taken advantage of in numerous ways.
