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: Bloomberg,  Gregor Dorfleitner,  Sebastian Utz,  Finance Research Letters,  Jens Eckberg,  Lea Chmel,  LSEG,  Manuel Kathan,  SEC,  STOXX Europe,  University of Regensburg