Alleged incidents of greenwashing within the EU’s financial sector increased by almost 14 per cent last year compared to 2022, according to the European Banking Authority’s latest and final progress report on greenwashing monitoring and supervision.
Incidents of alleged greenwashing have been steadily rising in the sector since 2018, according to the EBA’s report, increasing more than five-fold from 40 cases in 2018, to 206 cases in 2022.
