Identifying and preventing greenwashing is a growing priority for regulators around the world. In the UK, there are a number of regulators active in this space, including not only the financial services regulators such as the Financial Conduct Authority, but also the Advertising Standards Authority, the Competition and Markets Authority and the Financial Reporting Council.
To assist firms in managing their regulatory risk in relation to greenwashing, we have published a new briefing note setting out ten key steps for firms to consider in relation to their environmental claims and disclosures and their internal governance around these, which can be found here.