The European Supervisory Authorities call for evidence on greenwashing

On 15 November 2022, the European Supervisory Authorities (EBA, ESMA and EIOPA, hereafter referred to as the “ESAs”) published a Call for Evidence on Greenwashing, aiming at better understanding the key features, drivers and risks associated with greenwashing and to collect examples of potential greenwashing practices.

The call for evidence seeks input on potential greenwashing practices in the whole EU financial sector, including, but not limited to, banking, insurance and financial markets, from all interested stakeholders, including, but not limited to, financial institutions under the remit of the three ESAs and retail investors.

As it seeks to collect information relating to practices and potential greenwashing risks in the sectors within the remit of the three ESAs, the call for evidence contains a section on general greenwashing-related aspects relevant for the whole financial sector, as well as three additional sections covering specific aspects within the remit of each of the ESAs.

Respondents are invited to contribute to this call for evidence, both to the common part and to the ESA-specific sections, or to those sections of the call for evidence which are relevant to a given respondent through the following link:

https://ec.europa.eu/eusurvey/runner/ESAsCfEGreenwashing2022

Respondents are invited to submit their responses by 10 January 2023.