'Growing claims of greenwashing': ESG credibility under threat from lack of standardisation, report warns

clock • 2 min read
Credit: iStock
Image:

Credit: iStock

Analysts from EY and Oxford Analytica warn booming ESG movement faces greenwashing allegations and loss of credibility if action is not taken

A lack of standardisation, regulation, and common purpose risks opening the door to 'greenwashing' in the financial sector that could undermine the burgeoning environmental, social and governance (ESG)...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Government promises £50m boost to protect farming communities from flooding

Government promises £50m boost to protect farming communities from flooding

Additional funding for Internal Drainage Boards to help tackle flow risks faced by rural communities

James Murray
clock 13 November 2024 • 3 min read
Study: Flood resilience measures up to 10 times more cost-effective than rebuilding

Study: Flood resilience measures up to 10 times more cost-effective than rebuilding

Losses caused by natural catastrophes reached an estimated $280bn in 2023, new study finds

Stuart Stone
clock 11 November 2024 • 3 min read
Transition Plan Taskforce disbands as it hails growing uptake of climate disclosure standards

Transition Plan Taskforce disbands as it hails growing uptake of climate disclosure standards

UK-led Taskforce issues final report today hailing growing adoption of its transition plan disclosure guidance among businesses and governments worldwide

Michael Holder
clock 31 October 2024 • 4 min read