greenwashing

Global investors distanced themselves from purportedly ‘ethical’ funds last year, pulling out over $10 billion amidst allegations of greenwashing.Between 2020 and 2022, investors poured six times more capital into funds purportedly…

In the heart of London, the Finance Magnates London Summit (FMLS:23) brought together industry leaders to discuss the relevance of ESG (Environmental, Social, and Governance) investing. Evdokia Pitsillidou, the Partner, Risk, and Compliance…

© Reuters. LONDON (Reuters) -The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed. European financial…

Industry watchdog The Financial Conduct Authority (FCA) has written to banks that lend to UK companies to warn them about "greenwashing" and "conflicts of interest" in the sustainable loan market. The growing popularity of deals that…

The UK's advertising watchdog has banned a range of ads from major oil and gas companies for being misleading as part of a "greenwashing" campaign, or making something appear more sustainable than it really is. The Advertising…