Sustainable investing has never been more popular. In Europe alone, investors are currently investing 4.2 trillion euros in funds that promise a sustainable world in one way or another. Out of this, 619 billion euros are spent in dark green investment funds (the highest possible sustainable label).
At the end of 2022, Follow the Money, Investico and nine leading European media collected the portfolios of hundreds of these investment funds that label themselves as dark green, and judged their investments by their own sustainability standard. The result: in more than half of the investment funds that label themselves as dark green, they found investments within the fossil fuel industry or the aviation industry. A disheartening, yet interesting conclusion.
If you did not get a chance to read about the research, check their findings and publications on this nice scroll-down website.