WebFeb 16, 2024 · Greenwashing continues to be a key concern for regulators, governments and industry. While regulators have primarily focussed on the actions of asset managers, insurance firms are also exposed to greenwashing risk. Greenwashing risk can arise inadvertently. Without appropriate governance and oversight, insurance firms are … WebMay 5, 2024 · The guidance they provide includes: 1) general principles that apply to all environmental marketing claims; 2) how consumers are likely to interpret particular …
European Regulators Launch Greenwashing Study - ESG Today
WebFeb 6, 2024 · We recommend that firms document an anti-greenwashing assessment of their client communications in a structured and detailed way, in order to demonstrate to the regulator that they have approached compliance with the new rule in line with PRIN 2 “to conduct it business with due skill, care and diligence”. Our recommended areas of focus … WebApr 21, 2024 · Greenwashing guidance has taken a broad stroke approach to date, designed for how the market might evolve in years to come (when the FTC Green Guides were last updated in 2012, for example, Instagram was only two years old, and TikTok was four years away from creation). the herbst firm
Brands Hit With Guidelines to Put an End to Greenwashing
WebJun 21, 2024 · 3 To support FIs’ sustainability journeys, NovA!’s ESG use case will be integrated with MAS’ Project Greenprint. Project Greenprint is a programme under the MAS Green Finance Action Plan aimed at enhancing access to high quality, consistent and reliable ESG data to support sustainable finance. Please refer to media release on … WebMar 9, 2024 · MAS is supporting corporates in Singapore and in Asia to issue green, sustainability and sustainability-linked bonds and loans. MAS introduced a grant scheme in 2024 to help corporates defray the costs of issuing green, social, sustainability and sustainability-linked bonds aligned with international standards. WebMar 23, 2024 · Take a look below to see the ads that have been ruled as greenwashing. 1. Ryanair. This Ryanair campaign that claimed it to be Europe's “lowest emissions airline” was ruled “misleading” by ... theherbsuite