Greenwash: Difference between revisions
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imported>Doug Williamson (Expand definition. Source: Clifford Chance paper https://www.cliffordchance.com/content/dam/cliffordchance/briefings/2019/10/sustainability-snapshot-uk-fca-signals-next-steps.pdf) |
imported>Doug Williamson (Add link.) |
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Activities designed to promote a flattering image of: | Activities designed to promote a flattering image of: | ||
* | * An organisation as being more environmentally responsible than it really is, or | ||
* | * A product as having better environmental credentials than it actually does. | ||
Also written ''green wash'', ''green washing'', or ''greenwashing''. | |||
:<span style="color:#4B0082">'''''Australian Securities and Investments Commission (ASIC) acts against greenwashing by energy company'''''</span> | |||
:"ASIC has taken its first action for ‘greenwashing’ against listed energy company Tlou Energy Limited (Tlou)... | |||
:ASIC has highlighted greenwashing – the practice of misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical – and sustainable finance as a key priority. | |||
:ASIC Deputy Chair Sarah Court said, ‘As entities promote sustainability and green practices as part of their value proposition, they must ensure they can support those statements and have a reasonable basis for doing so.'" | |||
:''Media release - ASIC - 27 October 2022.'' | |||
== See also == | == See also == | ||
* [[Australian Securities and Investments Commission]] (ASIC) | |||
* [[Climate-washing]] | |||
* [[Corporate social responsibility]] | |||
* [[Environmental crime]] | |||
* [[Ethics washing]] | |||
* [[Financial Reporting Council]] | |||
* [[Green]] | |||
* [[Green bond]] | * [[Green bond]] | ||
* [[ | * [[Green-hushing]] | ||
* [[Green swan]] | |||
* [[Listed company]] | |||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
[[Category:Compliance_and_audit]] | |||
[[Category:Ethics]] | |||
Latest revision as of 16:38, 22 November 2022
Activities designed to promote a flattering image of:
- An organisation as being more environmentally responsible than it really is, or
- A product as having better environmental credentials than it actually does.
Also written green wash, green washing, or greenwashing.
- Australian Securities and Investments Commission (ASIC) acts against greenwashing by energy company
- "ASIC has taken its first action for ‘greenwashing’ against listed energy company Tlou Energy Limited (Tlou)...
- ASIC has highlighted greenwashing – the practice of misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical – and sustainable finance as a key priority.
- ASIC Deputy Chair Sarah Court said, ‘As entities promote sustainability and green practices as part of their value proposition, they must ensure they can support those statements and have a reasonable basis for doing so.'"
- Media release - ASIC - 27 October 2022.
