Corporate social responsibliity reporting suffers from the potential for greenwash.

Question

Quizplus · Accepted Answer

Greenwash is a common practice in which companies make false or misleading claims about their CSR practices in order to appear more socially responsible than they actually are. This undermines the credibility of CSR reporting and reflects poorly on the company. Therefore, while CSR reporting is important, it is also important to ensure that companies are held accountable for their actual practices and not just their claims.

Corporate Social Responsibliity Reporting Suffers from the Potential for Greenwash