| ESMA finds increase in use of ESG-related language in the EU fund industry
October 2, 2023--The European Securities and Markets Authority (ESMA), the EU's financial markets and securities regulator, today publishes an article exploring the use of language related to environmental, social and governance (ESG) factors in EU investment fund names and documentation. |
| Tackling greenwashing is one of the key priorities in ESMA's Strategy on Sustainable Finance, and in this respect its assessment of how investment funds signal themselves (via their name or via their documents) is an important first step in the detection and monitoring of potential greenwashing.
In this study, ESMA shows that the share of EU UCITS investment funds with ESG words in their name has increased from less than 3% in 2013 to 14% in 2023. |
| ASB Capital and Xtrackers by DWS launch XASB Sukuk ETF on LSE November 5, 2025-Listed on the London Stock Exchange (LSE), the newly launched ETF will democratize access to Sukuk for global investors |