Australasian ESG funds don't live up to hype, says academic

Sebastian Gehricke says there's no standardised way to measure a company's ESG performance. (Image: University of Otago)

Greg Hurrell

Fri, 14 Oct 2022

Fund managers who have signed up to environmental, social, and governance (ESG) investment principles often perform no better, or even worse than, other funds on those benchmarks.Dr Sebastian Gehricke is a senior lecturer at the University of Otago and is a member of its Climate & Energy Finance Group. He told a Sharesies’ Shared Lunch webinar that even on the easiest measured metric of greenhouse gas emissions, many fund managers substantially underreported the data.The University of Otago had published a preliminary paper calle...

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