“When we think of greenwashing, we also tend to think of it as deliberate. But again, that is not always the case. Mistakes may have been made in data collection, or less than thorough due diligence may have been conducted on parts of the supply chain,” says Tan.
In the fight against greenwashing, regulators must ensure information is available, comparable and trusted, says Tan Boon Gin, CEO of SGX Regulation (RegCo).
False and misleading information results in an unequal playing field, Tan adds, and may even affect “genuinely green companies and products”.
