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Bloomberg
Regulators look set to reserve their harshest interventions for firms caught making misleading statements about climate strategies, according to an assessment by JPMorgan Chase & Co analyst Jean-Xavier Hecker.
“Climate change is likely to become the ESG theme where the crackdown on greenwashing will be the hardest, given that it represents a theme where scientific knowledge is widely available and points to the need for bolder and faster action,†Hecker said in a note to clients.
The development will probably impact some of the biggest climate coalitions.