Global investors grow sceptical of corporate sustainability reporting

Global investors are growing sceptical of the sustainability performance metrics reported by companies, as wariness around greenwashing mounts. PwC's 2023 Global Investor Survey, which sought opinions from 345 investors and analysts, found that more than nine in ten investors (94%) believe corporate reporting on sustainability performance contains unsupported claims, an increase from last year. According to the firm, greenwashing concerns may explain the support investors expressed for new disclosure requirements, such as those from the EU's Corporate Sustainability Reporting Directiv...