Sunday, June 1, 2025
Europe’s strictest ESG funds hit by record outflows- oil and gas360

Europe’s strictest ESG funds hit by record outflows

(Oil Price) – Poor returns prompted investors to withdraw record amount of money from the EU’s funds with the strictest ESG standards, a report by market research firm Morningstar has shown. The EU’s Sustainable Finance Disclosure Regulation (SFDR), adopted in 2021, regulates and classifies funds according to their sustainability. The so-called Article 8 funds are registered as “promoting” ESG goals,