94% of Investors Say Corporate Sustainability Reporting Contains Unsupported Claims: PwC

Investors are increasingly concerned about corporate greenwashing, with nearly all reporting that they believe corporate reporting on sustainability performance contains unsupported claims, according to a new survey by global professional services firm PwC, which also found that investors want more information on the cost of companies’ ESG commitments, and on the impact of their portfolio companies on the environment and society.

For the report, PwC’s Global Investor Survey 2023, PwC surveyed 345 investors and analysts across 30 countries and territories, with 65% of respondents at organizations with total AUM of more than $1 billion.

Read the full article on: https://www.esgtoday.com/94-of-investors-say-corporate-sustainability-reporting-contains-unsupported-claims-pwc/