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Hedge funds game the system to cash in on ESG

Investment houses are scrambling to label products as net zero, but some are relying on financial engineering.

Boris Johnson took umbrage with Kermit the Frog as he addressed world leaders at the United Nations General Assembly in September: “It is easy being green.”

Whether prime minister or puppet is correct may be a question of approach. As socially conscious investing surges, dodgy metrics and dirty tricks abound.

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The Telegraph London

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    Original URL: https://www.afr.com/wealth/investing/hedge-funds-game-the-system-to-cash-in-on-esg-20211208-p59fys