Source · Select Committees · Treasury Committee
Recommendation 15
15
Paragraph: 124
The financial services industry broadly accepts that ‘greenwashing’ is detrimental to good consumer outcomes and...
Recommendation
The financial services industry broadly accepts that ‘greenwashing’ is detrimental to good consumer outcomes and to the achievement of the net zero goal. The Treasury must work with the FCA to ensure that the regulator has the appropriate remit, powers and priorities, and uses its powers, to prevent ‘greenwashing’ of financial products available to consumers.
Paragraph Reference:
124
Government Response
A response document is linked to this report, dated 16 July 2021. Response attribution to this conclusion has not been verified. Read the response document ↗