Research by RepRisk reveals a 12% year-on-year decrease of companies linked to greenwashing, signaling a major shift in corporate behavior
- Despite an overall decline, high-risk cases of greenwashing surged by over 30%.
- Nearly 30% of companies linked to greenwashing in 2023 were repeat offenders in 2024.
- While the Banking and Financial Services sector experienced a 70% increase in climate-related greenwashing risk last year, this year's report reveals a 20% decrease.
ZURICH, Oct. 9, 2024 /PRNewswire/ -- New research from RepRisk, a global leader in ESG data technology, shows a 12% decrease in greenwashing risk globally across all sectors during the year ending in June 2024. This is the first such decrease in six years.