Most prolific authors in greenwashing
Rank | Name of author | Country of author | University/Institution | Number of publications |
---|---|---|---|---|
1 | Lyon, T.P. | USA | University of Michigan | 5 |
2 | Chen, Y.S. | China | China three Gorges University | 4 |
3 | Font, X. | UK | University of Surrey | 4 |
4 | Siano, A. | Italy | University of Salerno | 4 |
5 | Testa, F. | Italy | Scuola Superiore Sant’Anna | 4 |
6 | Vollero, A. | Italy | University of Salerno | 4 |
7 | Braga, S.S. | Brazil | Universidade Estadual Paulista | 3 |
8 | Correa, C.M. | Brazil | Universidade Estadual Paulista | 3 |
9 | Da Silva, D. | Brazil | Universidade Estadual de Campinas | 3 |
10 | Du X.Q. | China | Xiaomen University | 3 |
11 | Iraldo, F. | Italy | Scuola Superiore Sant’Anna | 3 |
Most frequently cited publications in greenwashing
R | Title | Authors | Year | Journal | TC | (C/Y) |
---|---|---|---|---|---|---|
1 | The drivers of greenwashing | Delmas and Burbano | 2011 | California management review | 363 | 40.3 |
2 | Greenwash: Corporate environmental disclosure under threat of audit | Lyon and Maxwell | 2011 | Journal of economics and management strategy | 293 | 32.6 |
3 | Greenwash and green trust: The Mediation effects of green consumer Confusion and green perceived Risk | Chen and chang | 2013 | Journal of business Ethics | 198 | 28.3 |
4 | Social accountability and corporate greenwashing | Laufer | 2003 | Journal of business Ethics | 457 | 26.9 |
5 | Corporate social responsibility in the banking industry: Motives and financial performance | Wu and Shen | 2013 | Journal of banking and Finance | 188 | 26.9 |
6 | How sustainability ratings might deter “greenwashing”: A closer look at ethical corporate communication | Parguel, Benoit-Moreau and Larceneux | 2011 | Journal of business Ethics | 217 | 24.1 |
7 | A research note on standalone corporate social responsibility reports: Signaling or greenwashing | Mahoney, Thorne, Cecil and LaGore | 2013 | Critical perspectives on accounting | 161 | 23.0 |
8 | Perceived greenwashing: The interactive effects of green advertisement and corporate environmental performance on consumer reactions | Nyilasy, Gangadharbatla and Paladino | 2014 | Journal of business Ethics | 134 | 22.3 |
9 | Legitimizing negative aspects in GRI-Oriented sustainability reporting: A Qualitative analysis of corporate disclosure strategies | Hahn and Luelfs | 2014 | Journal of business Ethics | 132 | 22.0 |
10 | Corporate social responsibility: The disclosure-performance gap | Font, Walmsley, Cogotti, McCombes and Hausler | 2012 | Tourism management | 145 | 18.1 |
… | … | … | … | … | … | … |
12 | Consumer's perception of individual and combined sustainable food labels: a UK pilot investigation | Sirieix | 013 | International journal of consumer studies | 102 | 14.6 |
Reference | Objective | |
---|---|---|
1 | Impact of the definition of climate-smart agriculture by the global Alliance | |
2 | Presence of environmental policy integration in the common agriculture policy (CAP) of the EU | |
3 | Adoption of sustainable practices by the companies of the coffee industry | |
4 | (2011) | Green ads' distribution and greenwashing characteristics and practices |
5 | (2017) | Impact of voluntary certification programs for small farms on sustainability |
6 | Impact of an industry green label on the perceptions of consumers | |
7 | (2007) | Relationship between the size of a farm and the adoption of green practices |
8 | Assumptions made by corporations about the economic, environmental and social dimensions of agricultural sustainability | |
9 | How consumers deal with the CSR information delivered to them through the corporate websites of food producers and retailers | |
10 | (2019) | Interaction between external CSR labels and internal CSR claims |
11 | (2017) | How retailers can attract consumers' visual attention and increase sales of eco-friendly products displaying relevant information |
12 | (2018) | Some positive environmental claims can, in fact, be greenwashing when they concern a product considered to be harmful, as tobacco |
13 | (2019) | Some positive environmental claims can, in fact, be greenwashing when they concern a product considered to be harmful, as tobacco |
14 | (2019) | Mediation effects of green scepticism and moderating effects of information and knowledge in the relationship between greenwashing and green purchase intentions |
15 | Quality and approach of reporting, considering how German grocery retailers report negative aspects and which communicative legitimation strategies they apply | |
16 | Analysis of the relationship of environmental concern and the evaluation of organic food | |
17 | (2013) | Perceptions of sustainable labels vs. other labels such as nutrition ones |
18 | Semiotics of food packaging | |
19 | Certainty or not (greenwashing) of the claims of some organic food and non-food products |
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Houghton , F. , Houghton , S. , O'Doherty , D. , McInerney , D. and Duncan , B. ( 2018 ), “ Greenwashing' tobacco products through ecological and social/equity labelling: a potential threat to tobacco control ”, Tobacco Prevention and Cessation , Vol. 4 , doi: 10.18332/tpc/99674 .
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Laufer , W.S. ( 2003 ), “ Social accountability and corporate greenwashing ”, Journal of Business Ethics , Vol. 43 No. 3 , pp. 253 - 261 , doi: 10.1023/A:1022962719299 .
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Elucidating the gap between green attitudes, intentions, and behavior through the prism of greenwashing concerns.
2. literature review and hypotheses development, 2.1. attitude toward green products to affect buying decisions through purchase intentions: the theory of planned behavior, 2.2. unraveling the green attitude–intention–behavior gap: the influence of greenwashing apprehensions and the framework of green purchasing behavior, 3. methodology, 3.1. survey design and sample, 3.2. questionnaire, 5. discussion, 5.1. theoretical implications, 5.2. practical implications, 6. limitations and future research, author contributions, institutional review board statement, informed consent statement, data availability statement, conflicts of interest.
Click here to enlarge figure
Construct | Construct Items | Standardized Estimations of Factor Loadings | AVE | CR | Cronbach’s a |
---|---|---|---|---|---|
GWC (Rausch and Kopplin 2021) [ ] | I am concerned that sustainable products are not produced of environmentally friendly materials. | 0.827 | |||
I am concerned that sustainable products are not manufactured under sustainable conditions. | 0.812 | 0.611 | 0.824 | 0.82 | |
I am concerned that the organization is only pre-tending its green image. | 0.705 | ||||
GPB (Kim and Choi, 2005) [ ] | I make a special effort to buy paper and plastic products that are made from recycled materials. | 0.687 0.756 0.803 0.910 0.678 | 0.593 | 0.877 | 0.87 |
I have switched products for ecological reasons. | |||||
When I have a choice between two equal products, I purchase the one less harmful to other people and the environment. | |||||
I make a special effort to buy household chemicals such as detergents and cleansing solutions that are environmentally friendly. | |||||
I have avoided purchasing a product because it had potentially harmful environmental effects. | |||||
ATTGP (Taylor and Todd, 1995) [ ] | I like the idea of purchasing green products | 0.848 | 0.642 | 0.837 | 0.83 |
Purchasing green products is a good idea. | 0.750 | ||||
I have a favorable attitude towards purchasing a green version of a product. | 0.779 | ||||
GPI (Chan, 2001) [ ] | Over the next one month, I will consider buying products because they are less polluting. | 0.901 | 0.825 | 0.934 | 0.93 |
Over the next one month, I will consider switching to other brands for ecological reasons. | 0.934 | ||||
Over the next one month, I plan to switch to a green version of a product. | 0.888 | ||||
Familiarity with greenwashing strategies (by the authors) | Please, report some greenwashing examples/cases that you are aware of |
GWC | GPI | GPB | ATTGP | |
---|---|---|---|---|
GWC | 1.000 | |||
GPI | 0.139 | 1.000 | ||
GPB | 0.208 | 0.535 | 1.000 | |
ATTGP | 0.120 | 0.710 | 0.462 | 1.000 |
GWC | GPI | GPB | ATTGP | |
---|---|---|---|---|
GWC | 1.000 | |||
GPI | 0.105 * | 1.000 | ||
GPB | 0.180 * | 0.483 ** | 1.000 | |
ATTGP | 0.157 ** | 0.628 ** | 0.463 ** | 1.000 |
Collinearity Statistics | ||
---|---|---|
Tolerance | VIF | |
GWC | 0.980 | 1.020 |
GPI | 0.592 | 1.690 |
ATTGP | 0.593 | 1.687 |
Total Variance Explained | |||
---|---|---|---|
Component | Extraction Sums of Squared Loadings | ||
1 | Total | % of Variance | Cumulative % |
1 | 5.196 | 37.113 | 37.113 |
GPI | GPB | |||
---|---|---|---|---|
Std. Coefficients (β) | t(360) | Std. Coefficients (β) | t(361) | |
ATTGP | 0.65 *** | 15.57 | 0.20 *** | 3.39 |
GWC | 0.05 | 1.11 | ||
ATTGP × GWC | −0.08 * | −2.13 | ||
GPI | 0.35 *** | 6.01 | ||
Mediation | Index (LLCI; ULCI) | |||
GPI | −0.03 (−0.06; −0.00) |
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Margariti, K.; Hatzithomas, L.; Boutsouki, C. Elucidating the Gap between Green Attitudes, Intentions, and Behavior through the Prism of Greenwashing Concerns. Sustainability 2024 , 16 , 5108. https://doi.org/10.3390/su16125108
Margariti K, Hatzithomas L, Boutsouki C. Elucidating the Gap between Green Attitudes, Intentions, and Behavior through the Prism of Greenwashing Concerns. Sustainability . 2024; 16(12):5108. https://doi.org/10.3390/su16125108
Margariti, Kostoula, Leonidas Hatzithomas, and Christina Boutsouki. 2024. "Elucidating the Gap between Green Attitudes, Intentions, and Behavior through the Prism of Greenwashing Concerns" Sustainability 16, no. 12: 5108. https://doi.org/10.3390/su16125108
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Published in Polish Journal of Environmental Studies 2024
Lingjuan Tian Jiajia Niu
In today's business landscape, sustainability and environmental consciousness have become paramount. However, it is crucial for businesses to avoid making misleading or exaggerated claims about their green initiatives, a practice known as greenwashing.
How can businesses navigate the complex world of sustainability claims and maintain their credibility?
To shed light on this important topic, the firm's Intellectual Property team recently hosted a multijurisdictional Lexology masterclass webinar on avoiding greenwashing and navigating sustainability claims. This article aims to highlight some of the key points discussed during the webinar, providing valuable insights for businesses seeking to maintain credibility and transparency in their sustainability efforts.
Marketing claims relating to sustainability are increasingly observed closely worldwide. As an example, the UK's Advertising Standards Authority has become increasingly proactive, adopting AI tools to identify questionable environmental claims in digital media.
Both authorities and consumers are demanding transparency and substantiation. Businesses must therefore ensure that their claims reflect reality and are supported by comprehensive evidence.
Companies may face fines and other penalties if they breach the rules, not to mention the collateral damage to their brand.
Comparing the consequences across key markets, such as the UK, France, Germany, Middle East and Asia, businesses found guilty of greenwashing can face severe ramifications. Apart from heavy fines and reputational damage, in some countries, sanctions may also include imprisonment.
Further, be aware that greenwashing in one market can harm a company's reputation worldwide due to the global reach of social media and digital advertising.
The best defense against greenwashing allegations is transparency and evidence-based claims, and a holistic approach to sustainability. When formulating green claims, it is crucial to start with the evidence and ensure that it supports the claim being made.
Businesses should also consider the overall impression of their advertising and the proportionality of their green claims into the context of their overall environmental performance.
If you embrace candid, specific and transparent reporting of your green endeavors, it will help retain more sceptical customers, while also avoiding public misconception.
Navigating the complex world of greenwashing requires the support of a strong strategy and attention to detail to ensure companies do not fall victim to a reputational crisis. Adopting a well thought out approach and seeking legal counsel where possible will prove valuable and serve as a key to an organisation's longevity.
To dive deeper into these strategies, connect with one of the authors or a member of our global team. Get started by watching the recording of our latest webinar .
This article was co-authored by Vivian Wei Cheng a patent attorney working in the offices of JurisAsia LLC, with whom Gowling WLG has an exclusive association.
As the impacts of climate change become more severe and widespread, it’s clear that immediate action is needed to secure a sustainable future. to this end, many companies are working to make their operations more sustainable. investors, too, are increasingly looking to back companies with strong environmental, social and governance (esg) strategies. .
As a result, many companies have begun to publicly declare their ESG strategies to illustrate a commitment to greater sustainability, among other factors . However, if such strategies aren’t backed up by solid, auditable data and acted upon in a meaningful way, then they are useless.
Making empty or misleading statements about the sustainability of a company’s products or services (whether intentionally or unintentionally) is known as “greenwashing.” Often, companies may label their products as being sustainable just for the sake of marketing. Or greenwashing can occur when communication around the sustainability of products or services isn’t clear or well-defined.
In a podcast discussing greenwashing , Sphera Chief Product Officer Mike Zamis said that greenwashing can happen because: “There are no real rules around ESG. There’s pretty deep flexibility in some of those [disclosure] frameworks, and there are competing frameworks. There’s a real chance for companies to pick and choose what ESG means to them.”
Numerous high-profile greenwashing scandals have contributed to decreased consumer trust in companies’ ESG commitments. This lack of trust is preventing the widespread adoption of sustainable behaviors among consumers, as Sphera’s recent report on green consumerism shows. Also contributing to decreased consumer trust is the lack of access to companies’ sustainability information.
But, even when companies are forthcoming about their ESG commitments, consumers are skeptical. Sensu’s 50 Shades of Greenwashing report describes the effects of greenwashing and how it has negatively impacted consumer trust. According to the report, 30% of people expect ESG claims to have been exaggerated, and “71% don’t think that the claim is likely to have been verified or checked by an independent expert or regulator.” Further, “only 23% of the public take ESG claims at face value,” while 14% of people said they usually disbelieve these claims.
Unsurprisingly, eroding consumer trust in businesses’ ESG commitments has a negative effect on companies’ bottom lines. According to an article published in the Harvard Business Review, greenwashing harms a brand’s reputation and consumer brand loyalty , which in turn decreases the likelihood that consumers will make repeat purchases from a brand or choose to buy from them at all.
And as the window to make meaningful progress to prevent the worst effects of climate change narrows, greenwashing isn’t helping to move the needle in the right direction. At COP27 in November 2022, the U.N.’s High-Level Expert Group on the Net-Zero Emissions Commitments of Non-State Entities released a report on greenwashing in net-zero pledges .
Former Canadian Minister Catherine Mckenna, chairman of the High-Level Expert Group, said that the “planet cannot afford delays, excuses, or more greenwashing.” The report recommended that companies embrace greater transparency and accountability in net-zero pledges, as well as make sure that their pledges are detailed and concrete.
Standardized ESG metrics and regulations could help create a consistent baseline for ESG reporting, reducing the risk of greenwashing in the marketplace. In addition, marketing and product departments need to get on the same page and communicate the sustainability of their products and services honestly and transparently with their consumers and investors to build trust in the long term.
This can be achieved by:
By implementing the right teams and strategies, companies can prevent greenwashing and ensure greater clarity and credibility in their ESG strategies. ESG can’t just be a marketing tool; it must be embedded into a company’s operations and include buy-in from company leadership and other stakeholders.
After all, the stakes couldn’t be higher—with the future of our planet on the line, companies have an important role to play in transitioning to a net-zero world. As a result, it’s imperative that net-zero pledges and ESG strategies lead to meaningful change and don’t just amount to empty promises.
To learn more about consumer attitudes and why it’s important for companies to avoid greenwashing, read our report .
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Government / Investors / Regulators / Sustainable Finance
Switzerland’s Federal Council announced today that it will hold off on regulating greenwashing in the financial sector, allowing instead for the industry to monitor itself, following progress made by the sector’s associations in developing and implementing self-regulatory provisions.
The decision follows the release in December 2022 of a paper by the Swiss Federal Council outlining its position on the prevention of greenwashing, or the risk of having a financial product falsely or misleadingly portrayed as having sustainable characteristics. Measures outlined in the Council’s greenwashing prevention position included requiring financial products that feature a sustainability label to pursue at least one investment objective, in addition to their financial goals, to align with one or more specific sustainability goals, or to contribute to the achievement of specific sustainability goals, and for product documentation to specify which of these characteristics, or combination of characteristics applied.
The Council’s proposals also included transparency rules, including requiring financial service providers offering sustainable investment products to describe their sustainability approach, and how the approach is achieved and measured, as well as regular reporting on the defined sustainability goals, along with verification by an independent third party.
In October 2023, the Swiss Federal Department of Finance (FDF) announced plans to introduce regulations this year to implement its position on greenwashing, but added that it will hold off on its regulatory efforts if the financial industry presents a self-regulation solution that meets the Council’s position.
Following the FDF’s October announcement, the Asset Management Association Switzerland (AMAS), the Swiss Bankers Association (SBA) and the Swiss Insurance Association (SIA) released a statement indicating that they would develop the required self-regulation, stating that they “remain convinced that self-regulation is an effective and, compared to principle-based regulation, more flexible instrument to avoid greenwashing.”
In its update today, the Council said that it has “taken note” of the new self-regulatory provisions adopted by the finance associations, noting:
“In particular, they implement requirements for the definition of sustainable investment objectives, the description of the sustainability approaches applied, accountability in this regard and the audit of implementation by an independent third party.”
The Council did highlight some remaining “unresolved issues,” however, including compliance within the provisions by applying EU law, and regarding permissible reference framework for sustainability targets and enforceability.
Based on the progress, the Council stated that “is refraining from introducing state regulation to combat greenwashing in the financial sector at this time,” while instructing the FDF to re-evaluate once the EU publishes potential amendments to its Sustainable Finance Disclosure Regulation (SFDR).
In a joint statement released following the Council’s announcement, finance associations AMAS, SBA and SIA welcomed the decision, reiterating their position that considers “self-regulation to be the most suitable instrument for avoiding greenwashing.”
Adrian Schatzmann, CEO of the AMAS, said:
“With the present AMAS self-regulation on sustainability, a quality step has been taken in key areas that benefits all stakeholders: investors, the Swiss asset management industry and the Swiss financial centre as a whole. The preceding process is an excellent example of constructive and targeted dialogue between the federal government and the private sector.”
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This paper aims to explore the phenomenon of greenwashing through a systematic literature review in search of its main concepts and typologies in the past 10 years. This research has followed the proceedings of a systematic review of the literature, based on the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA).
The interest in greenwashing has grown in recent decades. However, comprehensive, and systematic research concentrating on the evolution of this phenomenon, specifically regarding its impacts on stakeholders, is still needed. The main purpose of this study is to provide an overview and synthesis of the existing body of knowledge on greenwashing, through a bibliometric study of articles ...
After 2020, several texts were published that attempt to summarize research on greenwashing, but they tend to reflect research trends only selectively, as the articles present different research perspectives. The paper aims to deliver a comprehensive state of research on greenwashing, taking into account research reviews published so far.
Less than a decade ago, growing stakeholder demands for transparency and eco-labeling seemed to spell the imminent demise of greenwashing. An entire book was devoted to what comes "after greenwashing" (Bowen, 2014) and two of the current authors' own widely-cited review article foresaw the "end of greenwash" (Lyon & Montgomery, 2015). ...
The greenwashing phenomenon, which implies the misalignment between environmental disclosure and performance, has received significant scholarly attention. We review the diverse literature on corporate greenwashing to develop an integrative framework that examines its antecedents and consequences from the perspective of corporate governance. Specifically, we identify theoretical perspectives ...
Some companies mislead their stakeholders through a phenomenon called. greenwashing. Results: This paper aims to explore the phenomenon of greenwashing through a systematic literature review in ...
Various studies show that greenwashing is a widespread phenomenon. TerraChoice (2007, 2009, 2010) conducted a series of studies in the United States and Canada, testing large numbers of products with green claims against best practices and official guidelines.The results showed that green marketing is increasingly popular and that a vast majority of the green claims are misleading.
1 INTRODUCTION. Greenwashing (GW) occurs when there is a mismatch between corporate communication and performance on environmental issues. Lyon and Maxwell often-cited definition explains GW practices as "selective disclosure of positive information about a company's environmental or social performance without full disclosure of negative information on these dimensions, so as to create an ...
Abstract. In this paper we examine definitions of 'greenwashing' and its different forms, developing a tool for assessing diverse 'green' claims made by various actors. Research shows that ...
This paper aims to define a theoretical background for investigating greenwashing from a business economic perspective. We consider possible research questions in the relevant field of study, which is business economics studies. The first research step proposes a path that will orient scholars to the multifaceted perspectives of greenwashing. The second step analyzes the main theories that can ...
In this paper we examine definitions of 'greenwashing' and its different forms, developing a tool for assessing diverse 'green' claims made by various actors. Research shows that significant deception and misleading claims exist both in the regulated commercial sphere, as well as in the unregulated non-commercial sphere (e.g., governments, NGO partnerships, international pledges, etc.).
This systematic review identifies and analyses the relationship between greenwashing and education (and at the more specific level of environmental education or education for sustainable development) in the academic literature. The sample consists of 20 papers retrieved from different databases using a systematic search strategy.
As public concern over greenwashing has grown in the last two decades, academic research has increased correspondingly, and there is now a substantial body of research addressing issues related to greenwashing. In this paper, we therefore review and analyze greenwashing research, to provide an evaluation of trends and progress in the field and a synthesis of the empirical and conceptual ...
First of all, in terms of greenwashing literature, this paper is the first to produce an empirical measurement of greenwashing based on Delmas and Burbano's (2011) definition by using publicly available data; it can therefore be generated and utilized by future researchers and policy makers. More specifically, it provides a new method for the ...
Peer-relative greenwashing score. Earlier in the paper, we define "greenwashers" as firms which seek to create a very transparent public image by revealing large quantities of ESG data but perform poorly in ESG aspects. To align with our definition of greenwashing in this study, we estimate a firm's peer-relative greenwashing score using ...
This paper aims to see how scholarly research on Greenwashing practices and behaviour has progressed in the 21st century. There has been a lot of empirical, exploratory and conceptual work done on Green marketing, sustainable marketing and environmental marketing. However, there have been few attempts to produce a comprehensive scientific ...
The paper is organized as follows. Section 2 develops the methodology, ... The keyword network reveals that G7 countries have a broader coverage of greenwashing research, with three main clusters: greenwashing (blue cluster), sustainability related to the environment and greenhouse gas emissions (green cluster), and sustainability reporting ...
A bibliometric analysis of greenwashing research: a closer look at agriculture, food industry and food retail - Author: Antonio Montero-Navarro, Thais González-Torres, José-Luis Rodríguez-Sánchez, Rocio Gallego-Losada ... The main concern of the papers dealing with greenwashing in agriculture is the need for sustainability, while the ...
The respondents comprised of individuals across different age group and. professions in Delhi NCR. Research findings showed that the most rampant sectors where. greenwashing is prevalent are ...
referred to as greenwashing, is defined as irrelevant, exaggerated or false information regarding a product's sustainable qualities. Research has shown it occurs on a large global scale (Baum, 2012, TerraChoice, 2010, Dai et al., 2014). Companies get involved in greenwashing practices for reasons such as increasing their sales and market share.
show that greenwashing is happening but also to consider the key reasons behind it and gure out how we can reduce its adverse impacts (Montgomery et al. 2023). This review aims to focus the research scope on rm-level and provide a governance-centric overview of greenwashing research. We seek to answer the following interrelated questions:
In addition, we also find that there is an effective boundary to the impact of digital transformation on greenwashing. Specifically, digital transformation exerts a mitigating impact on enterprise greenwashing when the digital transformation level is lower than 10.2163 or higher than 15.7763.
Attitude toward green products in high (compared to low) levels of greenwashing concerns seems to have a significantly less positive effect on green purchase intention and in turn on green purchase behavior. ... Feature papers represent the most advanced research with significant potential for high impact in the field. A Feature Paper should be ...
Annual Establishment Scale of ESG Public Funds in China. - "Mitigating Greenwashing in Listed Companies: A Comprehensive Study on Strengthening Integrity in ESG Disclosure and Governance" ... This paper addresses the urgency of preventing and governing inaccurate ESG disclosure, identifying critical research gaps, such as the absence of ...
Further, be aware that greenwashing in one market can harm a company's reputation worldwide due to the global reach of social media and digital advertising. Adopt a holistic approach to sustainability. The best defense against greenwashing allegations is transparency and evidence-based claims, and a holistic approach to sustainability.
Sensu's 50 Shades of Greenwashing report describes the effects of greenwashing and how it has negatively impacted consumer trust. According to the report, 30% of people expect ESG claims to have been exaggerated, and "71% don't think that the claim is likely to have been verified or checked by an independent expert or regulator."
Research Paper In order to develop knowledge about the consequences of perceived greenwashing in the tourism industry, the present study aims to investigate the effect of this phenomenon by ...
tion, denitions of greenwashing in recent research, to individuate the relevant pil-lars (milestones), the research questions these papers investigated, the theories they drew on, and the emerging issues regarding the relation between greenwashing and value drivers. To nalize the literature review, we carefully read all pertinent papers to deter-
Greenwashing happens when a company falsely presents itself as environmentally friendly to capitalize on the growing demand for sustainable options. This tactic often involves exaggerating ...
Switzerland's Federal Council announced today that it will hold off on regulating greenwashing in the financial sector, allowing instead for the industry to monitor itself, following progress made by the sector's associations in developing and implementing self-regulatory provisions. The decision follows the release in December 2022 of a paper by the Swiss Federal Council outlining […]