Combatting Greenwashing in Finance: New Standard Released
2025-03-31
Energy Live News
The British Standards Institution (BSI) has introduced a groundbreaking framework, PAS 7342:2025, to promote transparency and accountability in sustainable investing. This new standard empowers fund managers to create and manage environmentally responsible investment funds, effectively closing loopholes that have enabled greenwashing in the financial sector. By adopting this framework, investors can make informed decisions and drive genuine environmental change. With the rise of ESG investing and sustainable finance, this standard is set to play a crucial role in shaping the future of responsible investment. Key principles of sustainable investing and environmental sustainability are at its core.
