Industry News: ESG

17% of Article 9 Funds Underperform vs Article 8, Finds “First” Open Fund Impact Database

Written by ESG | 23-Sep-2024 1:07:10 PM

2024-09-20

Funds Europe: 17% of Article 9 funds perform worse in impact than the average Article 8 fund, with investments in sectors like alcohol, luxury cars and airlines, according to “the first” open database on science-based impact of funds” launched by The Upright Project, a Finland-based impact data provider.

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