Swiss Finance Sector Told To Green Up Its Act

Swiss financial firms are facing a growing number of cases of greenwashing in their investments, according to the latest report from Swiss-based data firm RepRisk. Environmental, social and governance (EEAFN) says this is the biggest challenge to tackle the problem. The BBC s Christine Lagarde looks at the risks. () But UK authorities have warned Swiss banks that they are being encouraged to make promises to sustain sustainable finance is increasingly threatening to protect the planet and the environment. But why are Swiss bank companies failing to live up to its own rules for sustainability funds? Why is it going to be labelled social washing - and could the world become more vulnerable to greenwashing because of its failure to keep up with environmental and social policies when it comes to business dealings with other parties without having to do enough to stop them taking advantage of the EU? The Swiss government has called for the UK to take action against climate change laws which would be enforced by EU lawmakers and other pressure groups in Europe and Europe? explains Swiss media reports following the UN summit in Paris on the issue of Greenwashing, the BBC has learned, but experts say it is a big issue for Swiss companies that have been branded socialwashing , while the Swiss National Bank (SNB) has said it has been criticised by organisations and organisations calling it unacceptable .

Source: menafn.com
Published on 2023-12-09

SUSTAINABLE MARKETS INITIATIVE AGRIBUSINESS TASK FORCE LAUNCHES BLENDED FINANCE FRAMEWORK TO MAKE REGENERATIVE FARMING MAINSTREAM »

Related news