Request Free Trial
Financials, Sector Focus

Banks account for greenwashing risk as scrutiny ramps up

By Seth O’Farrell

March 16, 2023
A BNY Mellon office building in New York. The bank was fined in 2022 by the SEC. (Photo: Michael Nagle/Bloomberg)

With increasing fines and regulation against the overstatement of sustainability credentials, the financial sector is – finally – taking greenwashing seriously. From fines issued to banks and asset managers over misleading investors, to court cases launched against pension funds, concerns over greenwashing in financial services are increasing – and carrying ...

To continue reading

Already a subscriber? Log in
  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.
Request Free Trial

Read Next:
Policy & Regulation

In Brief: EU parliament votes on CSDDD; NZIA exodus continues

June 2, 2023
The latest news on ESG policy and regulation. The European parliament has voted in favour of legislation imposing human rights and environmental responsibilities on companies across supply chains. The parliament's... Read more
Read more