Practically all banks and investment advisors now offer savers sustainable funds or savings plans.
The marketing machinery is in full swing.
With the investments, so the promise, savers can not only achieve returns, at the same time they ensure more climate protection and a fairer world.
Probably from the end of 2021, the EU will oblige investment advisors to ask their clients by default whether they want to invest sustainably.
Which saver can say no?
He or she should. Because all the promises are nothing but marketing, none of them apply. The 1.1 billion Canadian-American venture capitalist Chamath Palihapitiya even says: "ESG investments are complete scams".