K2 Integrity will fully examine qualitative and quantitative measures using its proprietary framework to ensure that a fund and manager comply with ESG best practices.

Fremont, CA: Many have come under scrutiny due to the dynamic nature of business and the rise in global speculation and intervention. Environment, Social, and Corporate Governance (ESG) adoption rates are rising considerably as sustainable innovation becomes the benchmark of reformation and success in the fiercely competitive business.

K2 Integrity ("K2"), the premier risk and financial crime consultancy organization, launched a first-of-its-kind solution for independent certification of environmental, social, and governance ("ESG") initiatives for funds and funds managers. This offering will leverage K2's global reputation for supporting clients in handling risk, meeting regulations and compliance needs, and a proven track record in assessing, planning, and delivering certifications and training for the marketplace.

K2 Integrity will fully examine qualitative and quantitative measures using its proprietary framework to ensure that a fund and manager are in compliance with ESG best practices. K2's assessment considers applicable legislation that promotes trust and transparency in relation to ESG criteria. It also reduces the potential of "greenwashing," which has gained popularity as interest in ESG investments has grown.

This exclusive ESG certification is based on a fund's voluntary self-disclosure and independent examination by K2 Integrity specialists, who examine, analyze, and authenticate the fund's investor commitment. Rather than relying on a manager's self-reporting, independent certification thoroughly examines strategy and methods and shows alignment with industry best practices.

According to a recent survey, 78percent of asset managers now include ESG in their investment choices. According to another study, as of the first quarter of 2022, more than 2,000 asset managers worldwide manage 343 billion dollars in sustainable funds, with such strategies attracting more than Dollars 96.6 billion in net new deposits.

Under the direction of Andrew Rabinowitz, K2 Integrity is collaborating with select leading firms such as Maples Group, Kalmus Capital, Novata, Reed Smith, Ernst & Young, RepRisk, Citco Fund Services, and academics from renowned institutions such as Yale University, Cornell University, University College-London, Carnegie Mellon University, and Columbia University to develop ongoing certification criteria, assure a thorough, meaningful, and independent certification.