The shift is partly due to European regulators cracking down on greenwashing.
Companies have more incentive to falsely portray themselves as "green" now that sustainable investing has gone mainstream, he said.
The SEC has found that the standards and policies used to define such ETFs have been inconsistent.
The issuance of sustainability-linked bonds with climate-transition targets has been increasing.
JPMorgan ranks as the No. 2 underwriter of green bonds behind France's Credit Agricole SA.
The agency is focusing its attention on corporate disclosures and products that are mislabeled as "green."
Most environmental and social recommendations fail to garner enough shareholder support to steer the corporate agenda, a Dutch study finds.
Many ESG fund managers were slammed in 2020 for running what amounted to index-trackers that relied on tech stocks.
JPMorgan is the leading financier to corporate polluters.
At least in Europe, according to a report, insurers that exit the coal underwriting business can boost their stock valuation.
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