The CFA Institute has published its first global voluntary ESG disclosure standards for investment products in an effort to 'mitigate greenwashing', following a consultation.
The new standards are intended for use by investors, consultants, advisers and distributors to better understand and compare ESG investment products, it said. The release of the first edition of the standards comes after an industry-wide consultation to create standards that are based on the principles of fair representation and full disclosure of ESG issues within the objectives, investment process, and stewardship activities of investment products. Margaret Franklin, president and chief executive of the CFA Institute, said: "The complexities of the ESG investing landscape remain vas...
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