SALES ENQUIRY SALES ENQUIRY MENU MENU
Home / News / Financial Services / Greenwashing will increase risk of disorderly transition to net-zero, Bank of England warns
Financial Services Financial Services

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

Copyright © 2024 LexisNexis
By Phoebe Seers
  • 01 Jun 2022 17:24
  • 01 Jun 2022 17:24
Tag-icon Bank capital Tag-icon Bank supervision Tag-icon Brexit Tag-icon Carbon Border Mechanism Tag-icon Carbon Pricing Tag-icon Carbon tax Tag-icon Clearinghouses Tag-icon Climate neutrality Tag-icon Climate reporting Tag-icon Corporate reporting Tag-icon Cryptoassets Tag-icon Emissions Tag-icon Energy transition Tag-icon Equivalence Tag-icon Green Deal Tag-icon Greenwashing Tag-icon Macroprudential standards Tag-icon Market abuse Tag-icon Sustainable finance
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 th

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

TAKE A FREE TRIAL
Phoebe Seers

Correspondent

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.

Read moreRead more

Discover MLex

Stay on top of global regulatory developments

Latest News