New Report 🚨 EU Funds: Has Regulation Impacted Climate Performance?
It finds 89% of funds using ESG or climate-related names have portfolios which are misaligned with net zero & many are dependent on fossil fuel investments, despite regulation...[1/3]
Read in full: https://influencemap.org/report/EU-Funds
It finds 89% of funds using ESG or climate-related names have portfolios which are misaligned with net zero & many are dependent on fossil fuel investments, despite regulation...[1/3]
Read in full: https://influencemap.org/report/EU-Funds
Comments
> 60% of funds using climate-related terms in their name do not disclose under Article 9
> Article 8 funds cumulatively invest more in fossil fuel companies than companies identified as green [2/3]
Read coverage here: https://tinyurl.com/EUFNDSIM [3/3]