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M24085 - Shades of green: growing greenwashing trends (Online)

  • 15 Oct 2024
  • 09:15 - 12:30
  • Online Webinar

Registration


Register
Registration Time: 09:00
Sessions Time: 09:15 - 12:30  including a 15-minute break
Speakers: Mr Chris Meilak & Ms Joette Sciortino
Venue:   Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

synopsis

This session will delve into the increasingly relevant topic of greenwashing amidst the global push for environmental, social and governance (ESG) initiatives and reporting. The aim of this session is to dissect the concept of greenwashing and exploring its different dimensions. The session will give a clear understanding of its implications, in various sectors including financial services.

BACKGROUND INFORMATION

As the global community intensifies its efforts to combat climate change and promote sustainability, businesses are increasingly aligning themselves with ESG principles and ensuring compliance with applicable ESG reporting. However, in the middle of this green revolution, a deceptive trend known as greenwashing has surfaced, creating a significant challenge to the integrity of the sustainability movement. Greenwashing is the practice where companies misrepresent their products, services or overall corporate actions as environmentally/ socially friendly, often to capitalise on the growing demand for sustainable options. This misleading tactic not only distorts public perception but also hinders progress by overshadowing the efforts of truly sustainable enterprises.
objectives of the session

The objective of the seminar is to provide an overview of greenwashing, delving into regulatory obligations, implications of greenwashing on businesses as well as case studies.

Specific topics to be covered during the session
  • ESG/ Sustainability trends
  • Motives for greenwash
  • What is greenwashing
       Definitions
       Tactics
  • Shades of “green”
  • Types of greenwashing risks
  • Greenwashing regulations – requirements and timelines
  • Implications
  • How to support your green claims

Target Audience

This seminar is relevant for all professionals, entrepreneurs, students and anyone currently involved and interested in sustainability and transparency in business practices. It is ideal both for newcomers in the sustainability sphere but also for more experienced learners who have are looking to navigate the complexities of ESG reporting and understanding the risks of greenwashing.

Speakers' Profiles

Joette Sciortino is a Partner at EY Malta. She joined the firm in 2006 after obtaining a Degree in Accountancy from the University of Malta.  She has significant experience in the financial services industry particularly in supporting and leading various financial crime and regulatory projects. She has been seconded to EY UK whereby she has led various cross-border financial crime engagements. Joette is a Certified Public Accountant and a member of PMLFT sub-committee at the Malta Institute of Accountants and the Institute of Financial Services Practitioners.

Chris Meilak is a Certified Public Accountant, Economist and Partner at EY Malta, leading the Sustainability sub-service line in Malta. Chris has carried out a number of assignments in relation to sustainability topics, on both public sector and private sector engagements. Chris holds an MA in Economics and the ACCA degree, is GRI certified, and is a Visiting Lecturer in the Department of Economics, University of Malta. Chris is a member of the MIA’s Sustainable Finance sub-committee.

EVENT CPE COMPETENCies

3 Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply


DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.
Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.
               

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