April 28, 2022
Professor published in William & Mary Business Law Review
Professor Ryan Clements has published "Why Comparability is a Greater Problem than Greenwashing in ESG ETFS" in volume 13, issue 2 of the William & Mary Business Law Review. The article argues that comparability in environmental, social, and governance (ESG) exchange traded funds (ETFs) is a much greater problem than greenwashing.
The article builds on Ryan's prior work on comparative complexity in ETFs by advancing three immediate measures to improve comparability and facilitate more efficient capital allocation in ESG ETF varieties: first, require justification of a fund’s usage of ESG terminology in its name through specific ETF disclosures; second, standardize ESG measurement metrics; and third, mandate uniform information presentation layouts on ETF issuer websites.