FCA takes aim at greenwashing as government prepares ESG ratings overhaul

  • Subscribe to updates

  • Privacy
  • This field is for validation purposes and should be left unchanged.

A recent article by the Global Trade Review states the Financial Conduct Authority (FCA) has issued a warning over industry attempts at greenwashing, as it pushes ahead with plans to regulate firms providing sustainability data and ratings. 

A green finance roadmap published by HM Treasury in late October notes that the authority has taken a hard line against companies seeking FCA authorisation on the basis of lending against environmental, sustainability and governance (ESG) criteria. 

Related Posts

Long term value from ESG – the Importance of embedding a true ESG culture in your organisation
ESG, Environment, Social, Governance reporting seems like a good thing!  Being associated with ESG practices has a positive effect on the brand, which helps organisations to sell more products and services. Meta-analysis of over 1,000 studies published between 2015 and 2020 conducted by NYU Stern and Rockefeller Asset Management found a strong correlation between ESG …

Long term value from ESG – the Importance of embedding a true ESG culture in your organisation Read More »

When it comes to ESG, who are organisations accountable to?
As a measure of corporate integrity, ESG is being taken extremely seriously by Board level management, who recognise that driving business strategy in conjunction with ESG is now key to success. Indeed, there are reports that link good ESG performance with above average financial performance.  While annual reporting is important, it is merely the summary …

When it comes to ESG, who are organisations accountable to? Read More »

On Demand Webinar: Proving Corporate Integrity ESG
Webinar: 28th April 2022, 09:00 BST Environment, Social and Governance (ESG) reporting is a hot topic. Investors want to know the ESG credentials of their potential investments, and reputations can be won and lost if those ESG credentials are found wanting As a measure of corporate integrity ESG is being taken extremely seriously by Board …

On Demand Webinar: Proving Corporate Integrity ESG Read More »