Direct investing, external managers come under greenwashing watch

Institutional investors are tightening internal systems to monitor greenwashing in direct investing teams and externally employed managers, as regulators in Australia and across the world increase their scrutiny of the practice. “The greenwashing concerns that stakeholders and regulators have are – in our view – real. Asset owners do realise this and want to make sure that they can demonstrate the way in which they have done their analysis,” said Hans Op’t Veld,chair of the market…