SUSTAINABILITY REPORTING ADVENT UNDERLINES THREAT OF ESG FRAUD
July 22nd, 2024
It is a rule of thumb that every new economic and social innovation brings its response in fraud, and the phalanx of sustainability reporting rules and certification is expected to prompt a wave of environmental fraud.
Companies have long been accused of ‘greenwashing - making false sustainability claims about their goods and services – and regulators are increasingly cracking down on the practice, with a new European Union (EU) green claims directive under consideration.
But the formal launch of International Sustainability Standards Board (ISSB) reporting ...
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