九州大学 アジア・オセアニア研究教育機構 ブラウンバッグセミナー

Brown Bag Seminar No.
2023

8~2.

(wed.)

12:10
12:50

12:15-12:40

Introduction
Seminar()12:40-12:50

Q&A

12:10-12:15

Presentation083

Online(Zoom)
Scan here forRegistration

https://temdec-med-kyushu-u-ac-jp.zoom.us/webinar/register/WN̲boIFAyuuReWCd8mHRXpE8Q
Supported by Kyushu University,Q-AOS & TEMDEC

The Impacts of Greenwashing andCompetence Greenwashingon Sustainable Finance and ESG Investing
Chair: Assoc. Prof. Kun QIAN (Research Futures Coordinator of Q-AOS)

Key Words

ESG

greenwashingcompetence greenwashingeducation
Associate Professor

sustainable financesustainability

Kim Schumacher

Kyushu University Institute for Asian and Oceanian Studies

Dr. Kim Schumacher is originally from Luxembourgand prior to joining Kyushu University as Associate
Professor in August 2022, he was Lecturer andResearch Fellow in Sustainable Finance and ESG atthe Tokyo Institute of Technology. In addition, he isan Honorary Research Associate at the University ofOxford.
Past work included consulting activities for theLuxembourg Ministry of the Environment, Climate
and Sustainable Development and research as a
postdoctoral researcher in sustainable ﬁnance at theUniversity of Oxford. He also had adjunct lecturer
positions at the University of Luxembourg and theUnited Nations University in Tokyo, Japan.
In terms of organizational outreach activities andsociety memberships, he is a member of the GRI
Global Sustainability Standards Board (GSSB). Inaddition, he is also a Chartered Environmentalist(CEnv) and sits on the ISO Technical Committees on
Sustainable Finance (TC 322) and Environmental
Management (TC 207). Furthermore, he belonged tothe Technical Working Groups of the Climate
Disclosure Standards Board (CDSB), the Climate
Bonds Initiative (CBI), and the Green Finance Network
Japan (GFNJ).
His research work focuses on ESG data and impact
metrics, sustainable ﬁnance frameworks, greenbonds, natural capital, biodiversity and ecosystemservices, renewable energy project development,and TCFD/TNFD disclosure.

 The rise of sustainable ﬁnance, ESG investment, and sustainability
reporting, has gradually led to a growing disconnect between thenumerous positive corporate sustainability performance claims and theorganizational resources and capacities dedicated to assuring proper
ESG integration and sustainability impact MRV.
These discrepancies can easily result in greenwashing, which are thepractices of marketing products or services as "green", "sustainable","carbon neutral", "net zero" or "nature positive" when in fact they do notmeet basic environmental, climate, or sustainability standards of
veriﬁability or credibility.
Competence greenwashing is the professional ESG skills-related
equivalent that relates to overstated claims of environmental
competence or non-ﬁnancial sustainability-related expertise in absenceof material or credible educational or professional track records.
However, greenwashing and its subvariants like "competencegreenwashing" do not occur in a contextual vacuum but are strongly
linked to the increasing appeal of sustainable ﬁnance, ESG investing,and the strong green growth they are supporting. Therefore, thispresentation will explore the risks of greenwashing and subject matter
expertise-related competence greenwashing in the areas ofsustainable ﬁnance and ESG.
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