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A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and a tougher regulatory environment. . welcomed this reclassification, saying it will help bring an end to industry greenwashing. . More to be done on responsible investing.
The rules were issued for consultation in January 2022, with the aim to enhance the transparency of disclosures on sustainability-related products, improve product comparability, and guard against greenwashing. .
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