The end of greenwashing: Eco-friendly investing gets real
Waystone’s Managing Director, Andy Murphy, was recently featured in an Irish Times Special Report about the growing popularity of ESG investing and provided insight into the regulatory developments of the sector.
Regarding SFDR, Andy states that “…a fund must effectively disclose and assign a category to the fund and the fund’s investment strategy – article 6 funds do not pertain to have any ESG investments or are not advertising themselves as ESG Funds. Article 8 funds are, at a very high level, promoters of ESG investing and do strive to find and fund ESG investments, although they are not exclusively mandated to do so, and can therefore invest in to certain non-ESG investments. Article 9 funds are the gold banner in terms of ESG investing, whereby sustainable investing is an objective of the fund.
Read the full article featuring Andy here
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