"Climate anxiety is at an all-time high," said Saarthak Singh. Assets in sustainable funds hit nearly $38 billion in Canada last year. © Nisha Patel/CBC Saarthak Singh, left, and Achint Singh look for sustainable investment opportunities on their laptops at the University of Toronto. But Saarthak Singh does not think many of them are stringent enough, noting some oil companies are rated relatively well. Greenwashing concernsIndustry watchers have also sounded the alarm over greenwashing, a phrase which describes companies or funds that advertise themselves as more climate-friendly than they really are.

Source: CBC News March 19, 2023 22:17 UTC