'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

'Benedict Lumberjack' debuts in latest Make My Money Matter campaign

'Benedict Lumberjack' debuts in latest Make My Money Matter campaign

New advert featuring Benedict Cumberbatch aims to highlight how UK pension funds are investing £300m in companies that fuel forest destruction

James Murray
clock 17 December 2024 • 3 min read
Environment Agency: 6.3 million properties in England in areas at risk of flooding

Environment Agency: 6.3 million properties in England in areas at risk of flooding

First flood and coastal erosion risk assessments to feature Met Office climate projections reveals around 800,000 more homes than previously thought are at risk of flooding in England

Stuart Stone
clock 17 December 2024 • 6 min read
'Serious action is needed': How climate change is already fuelling food insecurity

'Serious action is needed': How climate change is already fuelling food insecurity

The government's Food Security Report points to a worsening outlook that suggests a major overhaul of domestic and global food systems is urgently needed

James Murray
clock 12 December 2024 • 9 min read