Greenwashing in Sustainable Finance: Defining the Problem, Analysing the Drivers and Paths to a Solution

Chenqing Zhang () and Yaqiao Zhuang
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Chenqing Zhang: Trinity College Dublin, School of Law
Yaqiao Zhuang: Carnegie Mellon University, School of Architecture

A chapter in Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023), 2024, pp 28-39 from Springer

Abstract: Abstract As the concept of sustainability has gradually become an important part of mainstream values, sustainable finance and financial products of this category have been receiving more and more attention in financial markets worldwide. In the rapid development of sustainable finance today, many issues and controversies related to it have been increasingly concerned by academics and related practitioners, the most representative of which is the “greenwashing” issue. This paper discusses the definition of greenwashing through the perspective of legal studies, and further explores the causes of the problem, with a view to obtaining a unique solution path that is different from that of other disciplines.

Keywords: Greenwashing; Sustainable Finance; Information Disclosure; Financial Regulation (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-441-9_4

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