Thirteen Article 9 funds hold fast fashion brands under government investigation

As the Competition and Markets Authority's greenwashing investigations into fast fashion houses ASOS and Boohoo continues, Morningstar data revealed that 13 SFDR Article 9 funds remain invested in either or both retailers. Over the years, both brands have launched lines claiming to be environmentally conscious and made from recycled materials. ASOS and Boohoo among firms investigated over greenwashing claims Boohoo has also been the subject of scrutiny by human rights groups and in July 2020 was at the centre of a Labour Behind the Label report detailing labour rights abuses, worke...