All that glitters is not gold, as the saying goes, which, as it turns out, very much applies to banking and financial services providers’ sustainability claims.
On October 4, the Dutch Authority for the Financial Markets (AFM) published a set of guidelines designed to push for greater transparency on claims of sustainability made by financial institutions and pension providers in the Netherlands. According to the AFM, the guidelines aim to help market players find ways to keep their claims to sustainability accurate and clear.