“A significant number of Principles for Responsible Investment (PRI)-endorsed hedge funds indulge in greenwashing when they fail to deliver the impact they are meant to create,” said Hao Liang, Associate Professor of Finance at Singapore Management University’s (SMU) Lee Kong Chian School of Business, in a recent working paper titled “Greenwashing: Evidence from Hedge Funds”.
How can investors avoid getting greenwashed? What is the role of the Singapore Green Finance Centre in combating issues of greenwashing? How does the practice of greenwashing affect impact investments?
