Not all sustainable investment funds are necessarily good for the environment or for society, the University of Lucerne said on Wednesday. This does not prevent these instruments from growing in popularity: their holdings have increased by 60%, to 316 billion francs, over the last twelve months. But funds are only one of the financial products that can make ecological transition possible. The development of these sometimes still little-known tools involves lifting certain constraints, for its part the Swiss Sustainable Finance association said on Thursday.
This is the great misconception of sustainable finance. In the minds of the general public, it seems natural that sustainable labeled investment funds have a positive effect on the planet at large. But in reality, only 30% of the 184 thematic funds authorized in Switzerland analyzed by the University of Lucerne explicitly seek to have a favorable impact on the environment or society.