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Invesco pays $17.5m to settle SEC’s greenwashing probe

Invesco stand at trade fair
Photo: Emanuele Cremaschi/Getty Images

The SEC accused the asset manager of being misleading in its statements and marketing regarding “ESG-integrated” assets.

Invesco Advisors has agreed to pay $17.5m to settle an SEC complaint that alleged the company misled investors about how much of its assets under management factored in environmental, social and governance (ESG) factors in investment decisions.

From 2020 to 2022, the firm told clients that between 70% and 94%

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