Governance

High ESG score? More likely to greenwash

ESG scores do not reflect a company's true environmental impact - in fact, there is a positive correlation between high ESG scores and greenwashing.

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Read more: BloombergGregor DorfleitnerSebastian UtzFinance Research LettersJens EckbergLea ChmelLSEGManuel KathanSECSTOXX EuropeUniversity of Regensburg