CCPortal
SHOW ME THE GREEN: THE BATTLE FOR INVESTOR TRUST IN ESG FUNDS
Lukas, Benjamin R.
发表日期2024
ISSN0012-7086
EISSN1939-9111
起始页码73
结束页码6
卷号73期号:6
英文摘要Environmental, social, and governance (ESG) funds enable earnest investors to align their money with their values. Some believe that ESG funds can promote a more sustainable and just economy by encouraging companies to adopt better practices and by divesting from those that do not. Others expect that funds with limited carbon exposure will outperform as climate change imposes regulatory and financial risks on carbon -intensive industries. Research suggests that younger investors overwhelmingly support the idea behind ESG investing; one-third even report a willingness to forgo 10 percent or more of their retirement savings to protect the environment. Unfortunately, ESG products also stoke cynicism. While some funds may live up to their name, others may co-opt trendy labels as a marketing ploy to charge higher fees-a tactic now commonly referred to as greenwashing. In addition to misleading investors, greenwashing has the power to erode faith in the ESG movement. Legitimate offerings can quickly become contaminated by those seeking to make a quick buck. To address this harm, in May 2022, the Securities and Exchange Commission (SEC) set forth two proposals to enhance transparency in registered funds using ESG-like branding: an enhanced disclosure rule and an amendment to the Names Rule. The latter proposal, adopted in September 2023, requires ESG funds to invest 80 percent of their assets in accordance with the investment focus that the fund's name suggests. This Note takes the position that the Names Rule amendment furthers the SEC's mission of investor protection but requires additional guardrails to adapt adequately to the complexities of ESG funds.
语种英语
WOS研究方向Government & Law
WOS类目Law
WOS记录号WOS:001171825700002
来源期刊DUKE LAW JOURNAL
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/298723
作者单位Duke University
推荐引用方式
GB/T 7714
Lukas, Benjamin R.. SHOW ME THE GREEN: THE BATTLE FOR INVESTOR TRUST IN ESG FUNDS[J],2024,73(6).
APA Lukas, Benjamin R..(2024).SHOW ME THE GREEN: THE BATTLE FOR INVESTOR TRUST IN ESG FUNDS.DUKE LAW JOURNAL,73(6).
MLA Lukas, Benjamin R.."SHOW ME THE GREEN: THE BATTLE FOR INVESTOR TRUST IN ESG FUNDS".DUKE LAW JOURNAL 73.6(2024).
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Lukas, Benjamin R.]的文章
百度学术
百度学术中相似的文章
[Lukas, Benjamin R.]的文章
必应学术
必应学术中相似的文章
[Lukas, Benjamin R.]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。