Which? cover image

How ‘sustainable’ are ESG funds?

Which?

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How to Invest in ESG Funds

The Financial Conduct Authority or FCA warns it's seen arise in the number of poorly drafted ESG fund applications containing claims that don't bear scrutiny. Sound surveyed 289 people with money in ESG funds and found that many of them thought their money was invested in greener, cleaner companies intent on making the world a better place. But if you look under the hood what will you find? Fossil fuel giant chevron and exon mobile. BlackRock's iShares ESG aware MS-CiUSA fund is the largest passive ESG fund by net assets. Last year it actually pulled in more money from investors than any other sustainable fund in the world.

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