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Unit Economics

UBS, State Street Among Firms Whose Green Funds Miss Paris Goals - Bloomberg

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Brett Wischow core team
over 2 years ago

Chief Growth Officer @ Platform Venture Studio

I couldn't quite tell from the article, but it doesn't seem like there were any repercussions for this miss right?

Lissette Arias core team
over 2 years ago

Partner and Chief Design Officer @ Platform Venture Studio

No repercussions for the companies–current U.S. policies are so loosey-goosey. However, Deutsche Bank AG’s asset-management arm is being investigated in Germany for greenwashing some ESG-labeled investment products. What should the punishment be for doing so? We shall see, if any.

Brett Wischow core team
over 2 years ago

Chief Growth Officer @ Platform Venture Studio

If we were looking to public companies if they missed financial expectations their stock would tank. Hard to have an exact comparison there, but money tends to be the most powerful incentive.