Finance
SEC Targets Greenwashers to Bring Law and Order to ESG
Regulators are placing emphasis on climate risk, and scrutiny of those who would exploit the global crisis for profit.
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Since late February, the U.S. Securities and Exchange Commission has issued at least five public statements spelling out the wide variety of climate-related risks facing businesses and investors. It’s also warned the money-management industry about mislabeling ESG funds as being green when they really aren’t at all.