ESG in Conversation: Combatting Greenwashing in Financial Markets
Manage episode 398603565 series 3551879
Melissa Chase, Senior Content Marketing Manager, Sustainalytics
Guest:Ruthann Bartello, Commercialization Director, Stewardship Services
Investors’ Greenwashing Concerns and How to Address ThemGreenwashing is a growing concern among financial market participants. Whether it’s measuring the sustainability performance of companies in a portfolio or ensuring that their own firms and offerings are not making exaggerated claims about their sustainability impacts, asset managers are on the lookout for potential greenwashing risks. Adding to the confusion is a lack of clarity around what defines a sustainable investment, as well as the growing list of regulations and reporting frameworks asset managers need to comply with.
In this episode, we discuss the European Sustainability Reporting Standards, the cornerstone of the Corporate Sustainability Reporting Directive, which should pave the way for more accessible and standardized corporate sustainability information. You also hear from Morningstar Sustainalytics’ Ruthann Bartello about the key strategies investors can use to mitigate greenwashing risks in their investment products and across their portfolios.
Share Your Feedback With the TeamPlease take a moment to share your thoughts on ESG in Conversation. You can email us at podcast@sustainalytics.com.
Key Moments00:00:00
Introduction
00:01:50
Morningstar Sustainalytics new ebook “Seeing Through the Green: As Guide to Greenwashing Risks for Asset Managers”
00:03:00
The final Corporate Sustainability Reporting Directive and its standards are published
00:4:09
Investor stewardship as a tool to combat greenwashing.
00:5:30
Interview with Ruthann Bartello on key strategies institutional investors can use to address greenwashing
00:06:07
Greenwashing explained
00:08:15
Investor concerns around greenwashing
00:09:58
What’s behind investors’ concerns
00:11:35
Consequences of greenwashing for investors
00:15:05
Key regulations related to greenwashing
00:19:31
Strategies for asset managers to mitigate against greenwashing risks
00:20:23
Tips for asset managers to build a robust investment strategy
00:24:49
Final thoughts
Links to Select Resources
71 episodes