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Invesco to pay SEC fine for charge that it overstated ESG assets under management
08 November 2024Invesco has agreed to pay a $17.5 million fine to settle a charge by the Securities and Exchange Commission (SEC) that it misled clients by claiming that a higher percentage of its assets were 'ESG-integrated' than the investor could prove.
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WisdomTree to pay $4m SEC fine for 'failing to adhere to' its own ESG criteria
22 October 2024WisdomTree has agreed to pay a $4 million fine after the Securities and Exchange Commission (SEC) found it had "misstated" that funds did not invest in companies involved in fossil fuels and tobacco.
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Goldman Sachs charged for ESG fund failures
23 November 2022The asset management division of banking giant Goldman Sachs has been charged for failures to follow its own policies and procedures for the environmental, social and governance (ESG) research its teams used to make investments.