Glossary/Sustainable investing

Greenwashing

Also known as Sustainability washing

Greenwashing is misleading, exaggerated, selective, or unsubstantiated communication that portrays an investment, issuer, or activity as more sustainable than evidence supports.

Editorially reviewed 2026-07-30

Why greenwashing matters

It can misallocate capital, mislead clients, create regulatory and reputational exposure, and weaken trust.

How it is applied

Reviewers compare claims with mandate, holdings, methodology, exclusions, data, targets, voting, outcomes, and legal disclosures.

Portfolio example

A fund markets itself as fossil-free while retaining material exposure through poorly disclosed subsidiaries.

How to interpret it

An inaccurate claim can arise from weak controls as well as intent. Evidence and specificity are more useful than labels.

Limitations and common misconceptions

Sustainability definitions evolve, data are incomplete, and reasonable methodologies can differ.

Sources and further reading