Investors Balk at EU’s Greenwashing Blind Spot: ESG Regulation
Bloomberg 16/08/2023
"(...) Corporate finance departments and auditors have only recently begun to consider how to weigh ESG risks, said Frederic Ducoulombier, director of the EDHEC-Risk Climate Impact Institute. That makes full disclosure critical, he said.
The 50,000 companies that will eventually have to report under CSRD “are not used to the exercise,” Ducoulombier said. “The accounting and auditing profession also needs to radically scale up. Sustainability assurance is still in infancy and has
abetted sustainability washing (...)"
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Investors Balk at EU’s Greenwashing Blind Spot: ESG Regulation, 16/08/2023
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
