DWS Fined $27 M for Greenwashing
The asset manager was said to have made the misleading claims from around mid-2020 to the end of January 2023, amounting for greenwashing
Impacted by Climate Change, Financial System Requires Regulatory Oversight: RBI
M Rajeshwar Rao, Deputy Governor, RBI has asserted that the central bank has taken proactive steps to mitigate the risks associated with climate change that could affect the financial system
New Trends and Gaps in ESG Reporting
The CFA Institute, NSE, and CFA Society India have released the first edition of their BRSR Data Assessment, revealing significant trends and gaps in ESG reporting
Sebi expands ESG to six new mutual funds schemes
The mutual fund industry in India is all set to embrace more green initiatives. The Securities and Exchange Board of India (Sebi), the market regulator, has issued a circular introducing a new category of mutual fund schemes for Environmental, Social, and Governance (ESG) investing. These schemes fall under a distinct subcategory within the thematic category
