The EBA, EIOPA and ESMA, each recently published progress reports on greenwashing in the financial services and investment space. Asset management partner Eve Ellis discussed why it may be beneficial for investors to pay more attention to these reports in Net Zero Investor.
Eve explained that, "as the EBA and EIPOA reports are focused on the banking and insurance and pension sectors, it is ESMA’s report that will be of greatest interest to asset managers.” She continued, "a fund’s or manager’s engagement with investee companies, namely unsubstantiated or empty engagement strategies, can be neither consistent nor transparent and do not address progress of engagement."
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