Letzte Aktualisierung: June 5, 2024
In their final reports on “greenwashing” risks, the European financial supervisory authorities warn that not all financial products that advertise themselves as environmentally friendly keep their promises.
Europe’s supervisory authorities are joining forces to combat the increasing whitewashing of supposedly “green” financial products. Banks, insurers and other financial market players have a responsibility to provide sustainability information that is “fair, clear and not misleading”, emphasized the banking regulator EBA, the insurance regulator EIOPA and the securities regulator ESMA on Tuesday on the occasion of the publication of their latest analyses on so-called greenwashing in the financial sector.
