Regulatory efforts to identify greenwashing increase
Regulators are taking steps to strengthen efforts for trustworthy ESG and sustainability reporting standards, which in turn can help reveal hidden value in investee companies.
Greenwashing has been defined as “a practice where sustainability-related statements, declarations, actions, or communications do not clearly and fairly reflect the underlying sustainability profile of an entity, a financial product, or financial services,” according to the European Supervisory Authorities (ESAs).
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