Funds

LuxTimes wins runner-up prize at European Press Award


Joint exposé with several outlets into greenwashing in the funds industry scoops runner-up spot in investigative reporting category

A journalistic exposé into greenwashing in the funds industry by several media outlets including the Luxembourg Times and its sister publication the Luxemburger Wort has been awarded a runner-up prize in a prestigious European press competition, organisers said on Friday.

The Great Green Investment Investigation was published by journalists Yannick Lambert and Thomas Klein in November, following a joint data dive involving 26 journalists from 11 newsrooms, which investigated the practice of companies’ investment funds exaggerating their green credentials.

The exposé was awarded the runner-up spot in the European Press Prize 2023, in the investigative reporting category, at a ceremony in the Georgian capital Tbilisi on Friday.

© Photo credit: European Press Prize

An investigation into teenage neo-Nazi terrorist networks in the US and Europe won the main prize in the category.

The environmental investigation saw off the challenge for runner-up spot from three other nominees whose articles covered subjects including the clothing industry, a senior Ukrainian judge with Russian citizenship, and how European spyware has reached Sudanese warlords.

The European Press Prize, which has awards in five categories, is open to journalists from all 46 countries which are members of the Council of Europe. A special award is also handed out to “one outstanding entry defying disciplines and categories”, and was awarded this year for an exposé of the Ukraine war.

A committee of 19 journalists decides on the final shortlist for each category, with the winner selected by a panel of five judges chaired by Alan Rusbridger, the former editor-in-chief of The Guardian.



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