What is Greenwashing and Why Do Companies Engage in it?
Greenwashing is conveying misleading or unproven claims about the positive environmental impact of a company’s product. A recent example is HSBC’s misleading advertisement which faced an immediate backlash. The banking giant rolled out an advertisement highlighting its $1 trillion investment in green initiatives. However, the Advertising Standards Authority noted the bank continues to make huge … Continue reading What is Greenwashing and Why Do Companies Engage in it?
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