Corporate Knights

SEPTEMBER 16, 2022

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . The post Advocates urge regulation of banks’ climate commitments to avoid greenwashing appeared first on Corporate Knights.

Banking 360

Banking Greenwashing Net Zero Climate Change 360

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 79

Greenwashing Stranded Assets Net Zero Banking 79

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 58

Greenwashing Stranded Assets Net Zero Banking 58

Chris Hall

APRIL 14, 2023

So let’s set the record straight: these shareholder resolutions call for banks to adopt responsible guardrails for transition financing, and to insure against both greenwashing and over-exposure to risky lending practices. Proponents of the resolutions acknowledge the near-term need for fossil fuels.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

Chris Hall

MAY 27, 2022

Climate-focused investors welcomed the change from the coal-wielding Scott Morrison, calling for an “investment grade 2030 emissions target”, and accompanying policy changes, including a National Transition Authority.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

MARCH 29, 2022

Risk of stranded assets . Committing to align with the IEA and UNEP FI frameworks but failing to fulfil recommendations will invite accusations of greenwashing, a clear reputational risk for the banks,”? at Trillium Asset Management.? “In said Kate Monahan, Director of Shareholder Advocacy?at ” .

Net Zero 52

Net Zero UNEP Banking Stranded Assets 52

Corporate Knights

JULY 25, 2023

The article took a full six years to finalize after the wider agreement was adopted, with international negotiators expressing grave concern about the risk of greenwashing and human rights violations, particularly for Indigenous and other local communities in the world’s poorest countries. Carbon Capture Backed by Carbon Offsets?

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246