WebMar 22, 2024 · Greenwashing is a priority issue for the financial services sector in most jurisdictions. The risk of greenwashing, and consequently the focus by regulators, consumers, and environmental groups, has increased exponentially as consumers/investors proactively seek ‘sustainable’, ‘green’, and ‘planet friendly’ products/investments. WebOct 5, 2024 · Greenwashing is when an organization creates a false impression or inflation of environmental action through misinformation. “Greenwash” is a play on the word “whitewash,” which refers to covering up any poor or unlawful behavior through biased data, intentional misrepresentation, and other means.
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The SASB framework and reporting ESG risks McKinsey
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