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Survey Finds Substantial Surge in Greenwashing

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Greenwashing is on the rise within financial institutions, with a quarter of all ESG risk incidents linked to the scourge, up from a fifth last year, according to a new report.

Sustainability science provider RepRisk found 148 cases of greenwashing in compiling its second annual report, which also found that 70 per cent of incidents were attributable to banks and most of those with regard to human rights breaches.

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