Beyond the Hype: Uncovering the Real Impact of Corporate Greenwashing on Sustainability

  • P Nivetha Assistant Professor, Department of Business Administration, Dr. Umayal Ramanathan College for Women, Karaikudi
  • S Prasanth Assistant Professor, Department of Business Administration, Sudharsan College of Arts and Science, Kodandaramapuram
Keywords: Corporate Greenwashing, Sustainability, Environmental Impact, Transparency, Accountability

Abstract

As environmental concerns continue to grow, more and more corporations are claiming to be environmentally conscious and promoting their sustainability initiatives. However, many of these claims are not always accurate, and some companies engage in greenwashing to exaggerate their environmental impact. This paper explores the real impact of corporate greenwashing on sustainability. It discusses the factors that contribute to greenwashing and the ways in which it undermines genuine sustainability efforts. The paper also examines the negative impact of greenwashing on consumer behaviour and the environment, as well as the potential consequences for corporate reputation and accountability. The analysis highlights the importance of transparency, accountability, and regulation in ensuring that corporate sustainability claims are accurate and meaningful. The paper concludes with recommendations for how corporations can avoid greenwashing and promote genuine sustainability.

Published
2024-02-28
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