The European supervisory authorities for financial markets (ESMA), banking (EBA) and insurance (EIOPA) analyse the extent of greenwashing and suggest ways to better understand and minimise this phenomenon in order to ensure investor and consumer confidence, in specific reports published on Tuesday 4 June.
In its report, the European Securities and Markets Authority (ESMA) notes that national competent authorities (NCAs) are already prioritising the supervision of sustainability-related...