EU – ESMA published its Final Report on Greenwashing
5th June 2024

On June 4, 2024, ESMA published its Final Report on Greenwashing, Response to the European Commission’s request for input on “greenwashing risks and the supervision of sustainable finance policies”.

The European Commission issued a request to the European Supervisory Authorities (ESAs) in May 2022 to draft a Progress Report and a Final Report delivering advice on greenwashing risks and sustainability-related supervision. The Progress Report was issued a year ago presenting the common ESA’s high-level understanding of greenwashing and mapping areas more exposed to greenwashing risks across the Sustainable Investment Value Chain (SIVC).