“We have seen more and more ESG-related bonds and commercial paper programs, but the supply is still too small to be able to build a proper, ESG-only portfolio,” he said.
Similar to other parts of the ESG industry, money funds are likely to be more susceptible to greenwashing as more and more funds proliferate the market. Expanded ESG disclosures and third-party oversight to examine funds in a standardized way would help reduce those risks, Fayvilevich said.
‘Enforcement 40’ for 2020
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