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Greenwashing will increase risk of disorderly transition to net-zero, Bank of England warns

Attaching unsubstantiated environmental, social and governance claims to investment products increases the risk of a late and disorderly transition to net-zero emissions, a Bank of England official said today.

Sarah Breeden, the BOE’s director for financial stability, told a green-finance event* that the impact of greenwashing is not limited to the

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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