The Sustainability Bubble

Ain’t never gonna burst. “Sustainable, climate-friendly equity funds” are where the money’s at, people. Jump on board today! While you still can.

“The Sustainability Propaganda Got Completely Out of Control” – The case has the makings of the next big financial scandal, and it casts a dark shadow over the booming business with green investments. It involves DWS, the Deutsche Bank subsidiary that is Germany’s largest asset manager and a self-proclaimed pioneer in sustainable, climate-friendly equity funds…

The company, says Fixler, has massively overinflated its public image and presented itself as far “greener” than was appropriate for its investment policy.