Greenwashing
The Empowering Consumers Directive and impending Green Claims Directive could spur a rise in competition litigation
Due to inconsistent ESG regulations across the EU, asset managers are being discreet about marketing sustainable funds
The SEC has given a two-year grace period until implementation, but law firms are telling clients to crack on with preparations
Regulatory interest in fund classification, disclosure obligations and naming rules are building up globally, raising the bar for compliance
The frequent conflation of the acronym with the idea of sustainability has become a big reputational risk for large companies
Prospectus changes, a drive to include retail and ESG concerns sit at the heart of regulatory divergence
Fears surrounding litigation and reputational damage could result in companies playing down their green credentials
Despite breakthrough loss and damages fund and a focus on reforming the global financial system, COP27 failed to incorporate the crucial goal of phasing out fossil fuels
Sponsored
