The ESG Landscape: Green, Not ‘Greenwashed’

The  term greenwashing first appeared in 1986, in an essay by environmentalist Jay Westerveld. There, he claimed that a hotel asked its guests to reuse their towels, purportedly to save the environment but, in reality, to save it money. Since then, the meaning has broadened to what S&P Global describes as “making exaggerated or misleading environmental claims, sometimes without offering significant environmental benefits in return.”

In fact, 44% of investors surveyed by Quilter Investors, in May, stated “greenwashing” of investments as their greatest concern when it comes to environmental, social and governance (ESG) investing. Read more

ESG Team
the authorESG Team