Greenwashing European Credit Markets
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Environmental, social, and governance-focused investors have had the organic, grass-fed, and carbon-neutral wool pulled right over their eyes.
An investigative report from Bloomberg, released Tuesday, illuminated how the murky world of so-called sustainable credit instruments operates. Instead of aligning financial incentives to encourage climate friendly changes, these largely unregulated instruments have allowed companies to skirt real action at the expense of investors. They're mostly spewing hot air.
Source Fool.com
