As You Sow: New Study Quantifies Lack of 'Truth in Labeling' in ESG Mutual Funds and Exchange Traded Funds
January 12, 2022
January 12, 2022
BERKELEY, California, Jan. 12 (TNSRep) -- As You Sow Foundation issued the following news release:
After a four-month analysis of 94 mutual funds and ETFs with "ESG" (environmental, social, and governance) in their name, a team of University of California, San Diego graduate students concluded that the linguistic patterns found in mutual fund and ETF prospectus language has a relatively low correlation with its ESG rating. Based on empirical methods, the report showed that . . .
After a four-month analysis of 94 mutual funds and ETFs with "ESG" (environmental, social, and governance) in their name, a team of University of California, San Diego graduate students concluded that the linguistic patterns found in mutual fund and ETF prospectus language has a relatively low correlation with its ESG rating. Based on empirical methods, the report showed that . . .