Sustainability assurance, if not done right, could worsen greenwashing
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Michelle Quah
THE thirst for third-party assurance of sustainability disclosures has grown significantly of late, but the growth of the practice itself has not been without its issues.
A recent study has flagged the possibility that such concerns, if left unchecked, could escalate the threat of greenwashing that sustainability assurance is meant to diminish.
Such pitfalls are not unique to just certain markets – and investors here would do well to acquaint themselves with them to avoid falling into a knowledge trap.
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