Company Directory - Invesco DB Commodity Index Tracking Fund
Company Details - Invesco DB Commodity Index Tracking Fund
Invesco DB Commodity Index Tracking Fund
WebsiteThe Invesco DB Commodity Index Tracking Fund is an exchange-traded fund designed to track the performance of the DBIQ Optimum Yield Diversified Commodity Index Excess Return, providing investors an easy way to gain exposure to a broad range of commodities.
CCI Score
CCI Score: Invesco DB Commodity Index Tracking Fund
-46.11
0.03%
Latest Event
Invesco Settles ESG Disclosure Allegations
Invesco has reached a settlement with the SEC by agreeing to pay $17.5 million over allegations that it inflated the volume of ESG-integrated assets, thereby issuing misleading statements about its ESG disclosures. The settlement, reached without an admission of wrongdoing, ended an investigation into the firm's claims of having up to 94% of its assets ESG-integrated.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
QUISLING
Invesco DB Commodity Index Tracking Fund is currently rated as a Quisling.
Latest Events
- NOV112024
Invesco has reached a settlement with the SEC by agreeing to pay $17.5 million over allegations that it inflated the volume of ESG-integrated assets, thereby issuing misleading statements about its ESG disclosures. The settlement, reached without an admission of wrongdoing, ended an investigation into the firm's claims of having up to 94% of its assets ESG-integrated.
-30
Business Practices and Ethical Responsibility
March 31
The settlement following allegations of misleading ESG disclosures reflects a concerning lapse in business ethics and transparency. Misrepresenting ESG integration undermines corporate accountability and damages efforts toward genuine social and environmental responsibility, which are critical in opposing authoritarian and exploitative practices.
Invesco Settles Allegations to Pay $17.5mn for Inflated Volume of ESG Assets
- NOV112024
The SEC fined Invesco $17.5 million for misleading ESG investing claims. According to the SEC order, Invesco inflated its claims of ESG integration between 2020 and 2022 by including passive ETFs that did not actually integrate ESG factors, and failed to establish any written policy defining ESG integration. This misrepresentation undermined transparency and ethical marketing practices.
-60
Business Practices and Ethical Responsibility
March 31
Invesco's misleading use of ESG claims—exaggerating the proportion of assets under ESG integration without proper documentation—constitutes an unethical business practice. This act compromises corporate transparency and investor trust, aligning with broader concerns over corporate accountability in ethical leadership.
SEC Fines Invesco $17.5 Million for Misleading ESG Investing Claims
- NOV082024
Invesco Advisors was fined $17.5 million by the SEC for misleading investors about the level of ESG integration in its ETFs. The firm claimed 70% to 94% ESG integration without written policies or accurate analysis, leading to significant penalties for misrepresentation.
-50
Business Practices and Ethical Responsibility
March 31
The SEC fine reflects unethical business practices as Invesco misreported ESG integration levels, undermining investor trust and transparency. Misleading claims regarding ESG integration have broad implications for corporate accountability and ethical practices, especially when ESG factors are critical for environmental and social justice.
Invesco Fined $17.5M For Misleading Investors On ESG Assets, SEC Says
- NOV082024
On November 8, 2024, the SEC settled with Invesco Advisers—associated with Invesco DB Commodity Index Tracking Fund—over allegations of misleading ESG integration claims. The settlement resulted in a $17.5M penalty, highlighting deceptive business practices that misrepresent environmental, social, and governance commitments.
-40
Business Practices and Ethical Responsibility
March 31
The SEC settlement reveals that the firm misrepresented its ESG investment claims, engaging in unethical business practices that mislead investors and undermine transparency. Such greenwashing behavior contributes to corporate malfeasance, damaging trust in genuine ESG efforts and accountability.
SEC Settlement Highlights Greenwashing Allegations and $17.5M Pen
- NOV082024
An Invesco subsidiary has agreed to pay $17.5 million to settle SEC claims that it misrepresented the extent of its ESG integration, calling into question the company's commitment to transparency and ethical business practices.
-50
Business Practices and Ethical Responsibility
March 31
The SEC fine of $17.5 million for misrepresenting ESG integration highlights a serious lapse in ethical business practices. By inflating its ESG credentials, the company undermines transparency and accountability, which are critical for supporting socially responsible and progressive business values.
SEC Fines Invesco $17.5 Million Over ESG Claims | Morningstar
- NOV082024
On November 8, 2024, the SEC charged Invesco Advisers, Inc. with making misleading statements regarding the percentage of assets integrated with ESG factors, claiming figures between 70% and 94% that included non-ESG passive ETF holdings. The firm agreed to pay a $17.5 million civil penalty without admitting or denying the charges, highlighting a failure in ethical business practices.
-70
Business Practices and Ethical Responsibility
March 31
The SEC’s action reveals that Invesco Advisers made deliberately misleading statements about its ESG integration levels, thus engaging in unethical business practices and deceptive marketing. This misrepresentation undermines trust and accountability in corporate communications, directly conflicting with standards of business ethical responsibility.
-50
Public and Political Behavior
March 31
By promoting inflated ESG integration figures, the firm engaged in deceptive public messaging that misled investors about its commitment to sustainable practices. This misuse of public trust contributes to a broader issue of corporate misinformation in the political and social sphere.
Alternatives
Corporation
-31.88
Toronto, Canada
7.78
Corporation
0.00
Corporation
0.00
Corporation
0.00
Corporation
0.00
Corporation
0.00
Corporation
0.00
Frankfurt, Germany
10.36
Bala Cynwyd, United States
8.07
Industries
- 523910
- Miscellaneous Intermediation
- 525920
- Trusts, Estates, and Agency Accounts
- 523920
- Portfolio Management