South Korea to fine companies for making misleading sustainability claims

Published 06:56 on February 17, 2023  /  Last updated at 06:56 on February 17, 2023  / /  Asia Pacific, South Korea

South Korea's environment ministry is planning to punish companies that make forged sustainability claims with a fine of up to 3 million won ($2,300), following a string of legal complaints against large companies accused of greenwashing, including through carbon offset use.
South Korea's environment ministry is planning to punish companies that make forged sustainability claims with a fine of up to 3 million won ($2,300), following a string of legal complaints against large companies accused of greenwashing, including through carbon offset use.


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