Insurers express concerns over greenwashing amid tightening ESG criteria

Amidst increasing scrutiny over environmental, social, and governance (ESG) practices, insurers are grappling with concerns surrounding greenwashing, according to a recent survey conducted by Ortec Finance.

The survey, targeting investment management professionals within the life insurance, London markets re/insurers, and investment managers serving the insurance sector, revealed growing apprehensions regarding greenwashing amid tightening ESG criteria.