2 June 2022

How ‘Greenwashing’ Cost a CEO His Job

“Greenwashing” may be 2022’s word of the year as authorities in the U.S. and elsewhere continue to crack down on misleading environmental, social, and governance, or ESG, labels on investment funds.

Margaux Day, policy director at Accountability Counsel, says there has been a “culture of impunity” when it comes to mislabeling ESG investments. “Investors who are claiming to do ESG investments need to have accountability frameworks in place,” she says.

Read the full article here or on MarketWatch here.