PwC: investors don’t believe sustainability reports
Although sustainability is an important consideration when making investment decisions, 94 percent of investors believe that corporate reports on sustainability performance contain unsubstantiated claims, according to PwC’s 2023 Global Investor Survey.
More than half of those surveyed (57 percent) would like to see greater transparency and consistency in sustainability reports.
While 87 percent in 2022, this year 94 percent of investors expressed serious concerns about the reliability of sustainability reports and the information contained in them – in other words, the so-called “greenwashing”. They believe that the reports contain unsubstantiated claims to some extent, but 15 percent of them actually think that such claims are “very high” in the reports.
Investors expect regulators and standard-setting bodies to create transparency and consistency in companies’ sustainability reports.
Related news
British consumers and biodegradable bottles: they are willing to pay more, but it is not enough
British consumers are willing to pay a higher price for…
Read more >Coffee consumption declines in Germany in 2024
Total per capita consumption dropped nearly 2% in volumes to…
Read more >Aldi cuts back on wine packaging
The UK subsidiary of budget supermarket Aldi will cease to…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >