Evaluate governance to prevent greenwashing - SC chairman

KUALA LUMPUR: Greenwashing is becoming a point of concern globally as the investment into environmental, social and governance (ESG) funds has swelled into the trillions, said Securities Commission chairman Datuk Seri Awang Adek Hussin.

He noted that IOSCO, the grouping of securities regulators of which the SC is a part of, highlighted that greenwashing remains a fundamental market conduct concern that poses risks to both investor protection and market integrity.