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Transition planning or just greenwashing?

No one seems to have a clear definition of what makes a robust transition plan
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Transition planning or just greenwashing?Image: Krisztian Bocsi/Bloomberg

When is a transition plan not a transition plan and instead potential greenwashing?

French NGO Reclaim Finance warns that the lack of an agreed standard regarding what a “robust” transition plan looks like risks confusion, and potentially greenwashing, at a time when European regulators are calling for banks and large companies to more clearly define how they will decarbonise and reach their climate goals. 

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Anita Hawser is the Europe editor at The Banker. For the past 20 years, Anita has worked as a freelance journalist for a range of banking, finance and tech titles covering topics such as cybersecurity, financial crime, cryptocurrencies, payments, trade and supply chain finance. Before joining The Banker, Anita was Europe editor at Global Finance.
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