Fraud risks in the ESG context are increasing due to growing pressure from regulators and the public. Legislative trends are moving toward more comprehensive regulations with concrete obligations and high, well-developed sustainability standards that companies must consider if they wish to implement or already adhere to ESG factors. However, regulatory requirements are not always straightforward.

ESG Washing or "Greenwashing" is a relatively new term used to describe the exaggeration by some corporations of their ESG efforts and initiatives to gain favorable impressions from investors, consumers, employees, and/or other stakeholders when the actual substance of these ESG initiatives falls below any objective standard.

Corporate governance is a top priority for consumers and investors as it sets the tone and expectations for how a company interacts with its stakeholders. An ethical corporate governance structure reassures consumers, employees, and investors that the company has a strong culture aligned with its core values.

By attending this webinar, you will learn about:

  • Understanding ESG Fraud and Greenwashing: ESG fraud risks are on the rise due to increasing regulatory and public pressures, "Greenwashing" refers to exaggerated or misleading claims by companies about their sustainability efforts to create a favorable public image without substantial action;

  • The Role of Corporate Governance: Strong, ethical corporate governance helps build trust with stakeholders by aligning a company's culture with its core values, Governance is key for setting the tone on genuine ESG practices and avoiding deceptive practices;

  • Legislative Trends and Compliance: Regulations around ESG claims are evolving with stricter, well-defined standards for sustainability,Participants will learn about the importance of understanding and adhering to these standards to ensure compliance and avoid legal consequences;

  • Risks and Consequences of Greenwashing: Greenwashing can lead to reputational damage, loss of consumer trust, and potential legal repercussions, Recognizing and evaluating these risks can help organizations avoid practices that may lead to ESG fraud;

  • Identifying and Evaluating ESG Claims: Participants will gain tools to identify greenwashing tactics and make credible, substantiated sustainability claims, Real-world examples will be analyzed to improve detection and understanding of deceptive practices in ESG;

About the guest speaker

Ana-Maria Iordache is the ESG leader of PwC Romania in the tax and legal domain. Ana-Maria is an attorney with over 15 years of experience in various legal fields, with a particular focus on tax and administrative litigation, where she has successfully represented numerous clients before Romanian authorities and courts, as well as the European Court of Justice. Ana-Maria Iordache has gained extensive expertise in numerous complex projects, providing legal services to a large number of national and international clients across industries such as oil and gas, construction, automotive, pharma, telecommunications, and retail.

Devino membru

SustainAbility School este un program de educare dedicat exclusiv angajaților din organizațiile membre ale Ambasadei Sustenabilității în România prin programul Coaliția România Sustenabilă.

Dacă ești angajatul unuia dintre membri, creează-ți cont gratuit aici.

Dacă angajatorul tău nu s-a implicat încă, dar vrei să participi la edițiile viitoare și să ai acces la edițiile trecute, cere decidenților din organizația ta să devină membru.