EU FACES FRANCO-DUTCH CALL FOR RULES TO STOP ‘GREENWASHING’
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16.12.2020
EurActiv (16 December 2020)
French and Dutch securities regulators called on Tuesday (15 December) for European Union rules to prevent “greenwashing” or inaccurate claims that investments are sustainable and climate-friendly.
Several firms provide ratings on a company’s environmental, social and governance (ESG) risks that asset managers use to make “green” investment decisions.
The European Commission wants to boost sustainable investments and is due to publish an action plan in 2021.
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