ESMA guides firms on avoiding greenwashing in impact and climate transition claims
ESG Today · 2026-10-14
EU regulator ESMA issued a thematic note on impact and transition claims for funds and bonds: claims must be accurate, accessible, substantiated and up to date. Firms should separate investor from investee impact, weigh intentionality and additionality, and not equate portfolio decarbonisation with real-economy cuts.
Vocabulary
Read source ↗- Additionalitythe extra impact that would not happen without the investment
- greenwashing risksrisk of misleading sustainability claims
- real-economy decarbonizationactual emissions cuts in the economy, not just in a portfolio