SFDR: Is the push to police ESG investing bringing promised clarity for investors?

The European Union designed its new anti-greenwashing regulation to create a level playing field around ESG investing. But with the rules leaving a lot of room for interpretation on what exactly constitutes a green fund, the investment industry is calling for clarity amid the confusion. Under the Sustainable Finance Disclosure Regulation (SFDR), asset managers started disclosing information on their funds to prevent greenwashing and help investors distinguish between the different ESG strategies available. "It has not yet resulted in a ‘level playing field'," Ashley Hamilton Claxton, ...