Swiss finance ministry proposes measures to prevent greenwashing
Switzerland aims to combat greenwashing in financial services due to a current lack of mandatory sustainability transparency. The government plans to introduce state regulations by mid-2024, though it may accept industry self-regulation if it aligns with official standards. This highlights the critical tension between statutory oversight and voluntary corporate pledges in curbing misleading environmental claims.
Source: fstech.co.ukPublished on 2023-10-28