The European Central Bank (ECB) has recently published a report outlining the EU’s approach to tackling greenwashing. The ECB recommends that future greenwashing legislation should build on the existing sustainability disclosure framework, including legislation like the EU Taxonomy, the Corporate Sustainability Reporting Directive (CSRD), and the Corporate Sustainability Due Diligence Directive (CSDDD).
The goal is to improve transparency, set clear standards, and align companies with sustainability objectives. However, the report does not assess the Omnibus proposals, which aim to simplify sustainability-related legislation.
To dive deeper into the ECB’s recommendations, read the full report here: ECB Report on Greenwashing.