Industry News: ESG

'Social Washing' Is Becoming Growing Headache for ESG Investors

Written by ESG | 13-Apr-2020 4:05:55 PM

2020-04-09

Bloomberg: ESG investors face a new threat in the age of coronavirus: "social washing". Much like the greenwashing that exaggerates or misrepresents the environmental credentials of a project or a company, social washing can occur when the impact of an investment on labor rights or human rights are falsely overstated.

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