Tell the SEC: Clamp down on greenwashing

File No. S7-16-22
No. S7-17-22

Dear Chairman Gensler,

Too often, "green" or "sustainable" mutual funds don't live up to their environmentally friendly claims.

Thank you for proposing rules for how investment advisory firms and financial advisers can market ESG funds and how they must back up their ESG claims.

We urge you to issue these much needed rules, which will provide more accurate and transparent information for people seeking investments in line with their values. I also urge you to ensure that there isn't wiggle room for environmentally-related terms to mislead investors, for example by calling a fund "fossil free" if it includes contradictory investments.