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ESG fund promises aren’t that green, lobby group says
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Is the fund firm that’s promised to help you save the world and line your retirement nest lying to you?
Malicious or not — loose regulations and uneven reporting make intent hard to enforce — the firms that are building portfolios with stocks, mutual funds and exchange-traded funds under the banner of Environmental, Social and Governance, or ESG, may have a language issue.
The...
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