GX & Decarbonization Research

de Grefte J.

A conceptual study on how contested values, metrics, and causal claims in sustainable finance and biodiversity enable greenwashing. It distinguishes information distortion, omission, and pollution as distinct mechanisms degrading disclosure…

Pan H.

An empirical study examining how China's specialized environmental courts affect corporate greenwashing. It analyzes whether stronger judicial environmental enforcement changes firms' misleading environmental claims and disclosure quality. …

Aida Ardini, Usman Manor

This study argues that ESG disclosure expansion has outpaced verification, supervision, and legal accountability mechanisms, heightening greenwashing and investor-harm risks. Analyzing global climate-finance regulation and Indonesia's OJK f…

(著者不明)

This paper analyzes India's environmental tax incentives and their vulnerability to greenwashing due to vague definitions and lack of verification. It examines legal frameworks like GAAR and proposes using BRSR as an external verification m…

Khurana M.

This paper compares greenwashing regulations in green bond markets in India and South Korea, examining differences in regulatory frameworks and offering insights for investor protection and market credibility.

Yanan Tang, Yong Qi, Tingting Bai

Using China's Green Finance pilot zones as a quasi-natural experiment, this study finds that the policy improves ESG ratings but also intensifies greenwashing, revealing a 'policy-induced decoupling.' Difference-in-differences on listed fir…

E. Toplu, Can Toplu

This article examines how sustainable apparel brands can move nature-based claims from activity-based storytelling to verified impact reporting, using Tentree as a case. It identifies five requirements for credible claims and analyzes Tentr…

Duan Wang, Yang Zhou, Byungjun Yu

Using Chinese manufacturing panel data, this study finds greenwashing contagion through interlocking directorates, moderated by financing constraints. Firms with fewer constraints are more susceptible, especially in marketized regions and h…

Rafal Sieradzki, Praveen Kumar Ashok Kumar

This paper measures the Disclosure-Performance Gap (DPG) between voluntary environmental disclosure and realized emissions performance for 200 large European firms, finding that flagship index membership and TCFD endorsement widen the gap, …

Aniketh Bharathwaj

This paper theorizes greenwashing in international mutual funds using signaling and agency theories, comparing EU SFDR and US SEC Names Rule amendments. It identifies four typologies of greenwashing and argues that regulatory fragmentation …

JunYoung Hur

This paper structurally defines the 'Phantom Abatement Loop,' a self-reinforcing mechanism where corporate transition pressure converts into offset demand, project finance, reported abatement claims, and perceived progress. It argues this l…

Muhammad Mohsin

This study uses Monte Carlo simulation to analyze how bank ESG greenwashing (disclosure-performance gaps) affects financial stability. It finds that greenwashing can be privately attractive under weak supervision but becomes costly with scr…

(著者不明)

This paper provides a data-driven assessment of greenwashing in green bonds issued by big tech companies. It examines the gap between issuers' claims and actual environmental impact, offering insights for improving the credibility of the gr…

O.S. Fedorova

This paper analyzes how the role of narrative in sustainability reporting transforms under the CSRD and ESRS, shifting from auxiliary description to strategic analysis and impression management. It highlights risks of greenwashing and syste…

Giacomo Zatini, Nicola Torricella, Armando Della Porta

This study examines whether mandatory sustainability disclosure under the EU NFRD reduces corporate greenwashing among listed European firms, using a regression discontinuity design around the 500-employee threshold. Crossing the threshold …

Hao X.

This paper uses evolutionary game theory to analyze the mechanisms behind greenwashing in ESG disclosure. It examines how regulatory stringency and audit intensity influence corporate strategies, identifying conditions for effective policy …

Vlada Konstantinova

This mixed-methods study examines how CSRD affects perceived greenwashing in Finland's energy sector, contrasting views of managers, auditors, and customers. Auditors trust the regulation most, customers least. Technical terminology hinders…

Juwita R.

This paper examines green legitimacy versus greenwashing in the investor relations of Indonesia's coal mining industry. It critically analyzes whether increased climate-related disclosure reflects substantive decarbonization actions, questi…

Dzul Fadhilati, Muthmainnah Muthmainnah

This review synthesizes 2018-2025 literature on external assurance as a governance mechanism to detect and mitigate greenwashing in sustainability reporting. Using agency, legitimacy, and signaling theories, it reveals the dual role of assu…

Suwarno Suwarno, Maria Yovita R Pandin, Sukaris Sukaris

This study systematically reviews 136 Scopus-indexed articles (2016-2025) to map greenwashing in sustainability reporting, identifying theoretical foundations, antecedents, mechanisms, consequences, and research gaps. Legitimacy, stakeholde…