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Green investing: the risk of a new mis-selling scandal

When Lucy Carraz moved her investment account to online wealth platform Nutmeg in November, she wanted her money invested in the most environmentally-friendly companies possible.

Publisert: Oppdatert:

In August, a report by climate think-tank InfluenceMap found that 421 out of 593 ESG equity funds it assessed had portfolios that were not aligned with the Paris climate targets. The report found climate funds frequently held investments in the likes of oil companies Chevron and ExxonMobil and pipeline company Kinder Morgan.
In August, a report by climate think-tank InfluenceMap found that 421 out of 593 ESG equity funds it assessed had portfolios that were not aligned with the Paris climate targets. The report found climate funds frequently held investments in the likes of oil companies Chevron and ExxonMobil and pipeline company Kinder Morgan. (Foto: Patrick T. Fallon/AFP/NTB)

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