Greenwashing

{
  "id": "MLC-T-INS-001659",
  "term": "Greenwashing",
  "field": "Insurance and risk management",
  "definition": "The practice of making unsubstantiated or misleading claims about the environmental benefits of a product, service, or company practice. In an insurance context, this could involve an insurer exaggerating its commitment to sustainability or the environmental benefits of its policies. Such misrepresentation can lead to reputational damage and potential legal liabilities for the company involved.",
  "url": "https://mlchart.com/terminology/insurance/greenwashing/"
}