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Climate change ETFs found to be undermining war on global warming

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Climate change ETFs found to be undermining war on global warming

Photo caption: Study found that 35 per cent of companies surveyed that had worsening environmental performance were rewarded with an increase in weight © Getty Images. Article by . Financial Times – September 19, 2021.

Climate-focused investment funds are undermining the fight against global warming by routinely engaging in greenwashing, academic research suggests.

Passive exchange traded funds tracking “low […]