This study empirically analyzed the impact of ESG washing on consumer trust in companies, focusing on the multiple mediating effects of two opposing variables: skepticism and authenticity. The analysis revealed that ESG washing negatively impacts corp...
This study empirically analyzed the impact of ESG washing on consumer trust in companies, focusing on the multiple mediating effects of two opposing variables: skepticism and authenticity. The analysis revealed that ESG washing negatively impacts corporate trust by simultaneously increasing consumer skepticism about a company's ESG activities and decreasing perceived authenticity. Specifically, skepticism and authenticity were found to fully mediate the relationship between ESG washing and consumer trust. Furthermore, analyzing the magnitude of the indirect effects through skepticism and authenticity revealed that the mediating effect via reduced authenticity exerted a greater negative impact on corporate trust than the mediating effect via increased skepticism, and this difference was marginally significant. This study provides an important implication: when ESG washing occurs, companies must strive not only to alleviate consumer skepticism but also to secure the authenticity of their ESG management.