Do fears of greenwashing outweigh the evidence?

Regulatory action and improved quality of corporate data are instrumental to combat greenwashing, which, despite recent high-profile incidents, may not be as widespread as people think, according to a recent S&P report. In August, US authorities launched a probe into DWS Group, the asset management arm of Deutsche Bank, after The Wall Street Journal reported that the firm had overstated its sustainable investing efforts. Earlier that week, Tariq Fancy, BlackRock’s first glob…