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Greenwashing leaves a stain the world must not tolerate

Disclosure on climate related risks can be conducted on a global basis

| Hong Kong
Greenwashing is on the rise.   © Getty Images

Teresa Ko is a trustee of the IFRS Foundation, and a former chair of the Hong Kong Stock Exchange's Listing Committee. She is senior partner of Freshfields Bruckhaus Deringer's Hong Kong office.

When American environmentalist Jay Westerveld coined the term "greenwashing" in the 1980s, he was calling out the false virtue of hotel chains urging guests to reuse their towels in the name of helping the planet when the real objective was cutting their laundry bill.

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