article thumbnail

Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. Mary Robinson, the Canadian Responsible Investment Association Accusations of greenwashing grew along with this expansion.

article thumbnail

What investors and companies should know about greenwashing

Environmental News Bits

Greenwashing is on the rise since the signing of the Paris Agreement in 2015, and regulators, investors, and consumers are on the lookout for companies’ potentially misleading claims about their sustainability work. Read the full story at Waste360.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New York Launches Greenwashing Suit Against World’s Largest Beef Producer JBS

ESG Today

JBS USA’s greenwashing exploits the pocketbooks of everyday Americans and the promise of a healthy planet for future generations. James said: “As families continue to face the daily impacts of the climate crisis, they are willing to spend more of their hard-earned money on products from brands that are better for the environment.

article thumbnail

How Big Oil's spin doctors are influencing influencers

Corporate Knights

Cancelling oil industry greenwash There’s a growing consensus that the PR companies involved in greenwashed campaigns need to be held to account. CEO Richard Edelman argued that oil companies need PR support through the energy transition and added that, since 2015, Edelman has refused to work with outright climate deniers.

article thumbnail

Corporate ‘greenwashing’ poses growing threat to ESG goals: report

Environmental News Bits

Sustainability-related financing has tripled since 2015, with a tenfold increase in flows to environmental, social and governance (ESG) funds, an eight-fold increase in sustainable debt issuance and a doubling in the value of ESG-related deals by private equity and venture capital firms, according to a report by Generation Investment Management.…

article thumbnail

Greenwashing, From the Eighties till Today (Part 2)

Sense and Sustainability

Editor’s note : This is the second of two articles published concerning greenwashing, both historically and at present. What are the Alternatives to Greenwashing? How to Avoid Greenwashing? Groups that validate a company’s sustainability claims can highlight truly effective initiatives while leaving greenwashers behind.

article thumbnail

How these oil and gas players are undermining climate action in Canada

Corporate Knights

Earlier this month, Environmental Defence launched its “Canada’s climate villains” campaign , using graphic-novelesque illustrations and monikers like “Toxic Traitor” and “Ruthless Greenwasher.