Europe’s New ESG Rules Spark Questions About What Sustainable Investing Looks Like

2 months ago 27

To comply with the EU’s new rules, investment firms would have to change the name of thousands of funds or sell off $40 billion in assets.

The European Union’s move to tighten rules for sustainable investing will put two-thirds of Europe’s so-called ESG funds on notice, forcing thousands of them to either sell off $40 billion in assets or change their names in a way that more accurately and transparently reflects their holdings. 

Read Entire Article