Until February 20th, 2023, ESMA is seeking input on its suggested Guidelines on funds’ names with ESG or sustainability-related terms. Reclaim Finance highlights that introducing quantitative thresholds is critically insufficient to better assess funds’ names and avoid greenwashing and that it is essential that minimum safeguards are defined for all ESG/sustainable/impact funds.
Reclaim Finance calls on other organizations to also submit an answer (deadline: February 20th, 2023).