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Impact washing: Low-carbon funds may be knee deep in oil

With too many climate-themed ETFs making misleading fossil-free claims, the sector needs regulation, says InfluenceMap

The growth of the responsible investment industry is an increasingly promising trend even amidst the surging concern over climate change.

In 2018, the Global Sustainable Investment Alliance (GSIA) identified that nearly $31 trillion is managed under responsible investment strategies globally. Canada is not immune from this trend: the Canadian Responsible Investment Trends Report found that as of 2018, more than $2 trillion in Canadian assets were managed according to one or more responsible investment strategies.

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