Giacomo Nicoli

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Giacomo Nicoli is a second year International Management Masters student at Bocconi University and Nova SBE. He worked for healthcare corporations, start-ups in the F&B and Insurtech sectors, and consulting at BCG Dubai. He writes about ESG implications in the financial world and is passionate about disruptive and circular business models.

Giacomo Nicoli

Mar 03 2022

How Greenwashing practices can put at risk the effort of ESG related investments

Illuminem Voices

Environmental Sustainability · ESG

As ESG-related investments strongly increase their importance, so do ESG evaluation metrics that can prevent greenwashing practices. This article provides an overview of the main ESG Evaluation metric provided by S&P Global Ratings, later describing why such evaluation method should be taken into consideration in Private Equity funds and their investment strategies. It will then evaluate whether ESG really makes a positive difference on society by diving deep into an excursus on greenwashing, so to better understand the phenomenon and to explain how a lack of measurement can affect investment performance. Both topics of ESG and greenwashing are becoming increasingly relevant nowadays as they are closely linked to wider country-level sustainability goals and investment returns targets for Private Equity firms.