JPMorgan Reveals Worst Greenwash Risk for Firms: ESG Regulations
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Regulators look set to reserve their harshest interventions for firms caught making misleading statements about climate strategies, according to an assessment by JPMorgan Chase & Co. analyst Jean-Xavier Hecker.
“Climate change is likely to become the ESG theme where the crackdown on greenwashing will be the hardest, given that it represents a theme where scientific knowledge is widely available and points to the need for bolder and faster action,” Hecker said in a note to clients.