Lessons have been learned from carbon offset missteps, but new market will also be marked by differences in project design, benefits and rationale. Investors have grown to regard carbon credits with caution, particularly when used by firms to offset CO2 emissions as part of their net zero commitments. While the nascent biodiversity credit market has learned lessons from overstated offset…
85% of Investors Say Greenwashing is a Growing Problem: EY Survey
Nearly nine out of ten investors report that they have increased their use of ESG data over the past year, yet trust in that data appears to be lacking, with a large majority also believing that greenwashing by companies is a worsening problem, and most seeking improvements in sustainability reporting by companies in areas including materiality, comparability and accuracy, according…
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