INTERNATIONAL REGULATORY ROUND UP – GREENWASHING WILL BE KEY TARGET OF ISSB
February 17th, 2022
The first chair of the International Sustainability Standards Board (ISSB) has said a key goal of the creation of global sustainability standards in financial reporting will be fighting greenwashing, where companies make false claims about the environmental benefits delivered by their products and services. Emmanuel Faber has said that today “companies can make claims that nobody can verify”, which impedes effective capital allocation decisions. High-quality information will help companies and investors decide “the concrete steps taken to implement ...
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