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Searched Tag: greenwashing claims
The panel also recommended swift and robust application of penal provisions against fraudulent ESG claims and calls for statutory amendments to the Companies Act, 2013, to solidify ESG objectives as integral components of Directors' fiduciary duties

Set up oversight body to deter fake ESG claims, says Parl panel

August 5, 2025, 02:40 PM - 3 min read

The Standing Committee on Finance has urged the Corporate Affairs Ministry to establish a dedicated ESG oversight body for actively combating greenwashing through specialised forensic expertise and extend targeted support to Micro, Small, and Medium Enterprises (MSMEs)

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