Ethical rating pushes 20% of funds to improve practices
The EAC’s annual report said the co-op had positive engagement with fund managers that operated in the ethical and sustainable investment sector such as: Fund managers contacted by the EAC about inclusion within ‘Leaf Ratings’ expressed strong support for the ratings system, with a number of managers proactively contacting the EAC to request their funds be included for rating; Approximately 20% of those funds assessed through the EAC ‘Leaf Ratings’ system have then acted to make changes to the way their fund reports, following discussions with those coordinating the 'Leaf Ratings' a...
Source: moneymanagement.com.au