Over in the United States, scrutiny of claims about sustainability and ESG is also taking place.
In May, the regulator announced it had charged BNYMIA for "misstatements and omissions about Environmental, Social, and Governance considerations in making investment decisions for certain mutual funds that it managed." The SEC said BNYMIA had neither admitted nor denied its findings, but agreed to a censure, a cease and desist order and payment of a penalty totaling $1.5 million.
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It's time to leave greenwashing behind—lets make an impact instead.
I love how you all tweet stuff conservatives have been saying for years in the middle of the night when no one will see it