Greenwashing in the Green Finance
Monday, July 3, 2023
Greenwashing practices are increasing in the finance industry. Indonesia does not yet have regulations to counter these deceptive actions.
DESIREE Fixler’s tone went up and down when talking about the greenwashing practices committed by DWS. Fixler is a former executive in charge of sustainability at DWS, a financial company in Frankfurt, Germany, that manages 821 billion euro or Rp13,416 trillion worth of assets. “Will there still be life after I reveal this?” she said in a choked voice when recounting what had transpired two years ago.
Fixler was speaking in a f
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