Panel Calls for ESG Oversight Body to Combat Greenwashing

A parliamentary committee wants the government to create a special group to stop companies from falsely claiming their products are good for the environment, called "greenwashing."

They think the government should also punish companies that make these false claims.

The committee believes the current rules aren't strong enough and wants to make sure companies take environmental, social, and governance (ESG) factors seriously.

They also want to prevent financial crimes and improve how companies handle their social responsibilities.