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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. The value of global sustainable investment assets jumped from US$23 trillion in 2016 to US$35 trillion in 2020. In the U.S.,

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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

The US SIF says this more cautious approach was at least partly triggered by recent US Securities and Exchange Commission (SEC) proposals to crack down on greenwashing by ramping up standards on the names and disclosure requirements for ESG funds. trillion in 2016. Europe, Canada, Australia and Japan grew to US$35.3

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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. Subtly, the onus of carbon reduction was shifted from the company onto the consumer. As climate awareness grew, Big Oil’s advertising budgets exploded.

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Cooking the books: The magical math of ‘climate-friendly’ meat

Corporate Knights

Since methane breaks down in the atmosphere much sooner than carbon dioxide, which will warm the planet for centuries, an additional metric known as GWP* was proposed by Oxford University scientists in 2016 that factors in methane’s potent short-term impacts, taking 2016 methane emissions as baseline.

Net Zero 363
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Can swapping debt for nature save the Amazon? Peru is giving it a go

Corporate Knights

The country has had six presidents and several overhauls of congress since 2016. Some critics of the debt-for-nature and debt-for-climate concept — which was first introduced in the 1980s — warned that combining debt-related issues and climate initiatives isn’t always the right solution for some countries and could lead to “greenwashing.”

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Aviation is plotting a sustainable course

GreenBiz

In 2016, the International Civil Aviation Organization (ICAO), a U.N. United Airlines began buying SAF in 2013, and in 2016 became the first airline to use SAF on a continuous basis. But offsetting is seen as transitional — and controversial: Some critics view it as greenwash. Airlines, for their part, are getting on board.

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Take Five: Twin Peaks

Chris Hall

billion of the total – three times the 2016 level. The number of exchanges offering green bonds has increased from eight in 2016 to 34 in 2023, with a number listing a range of labelled bonds including social, sustainability-linked , green sukuk and gender-linked bonds. Importantly, adaptation finance accounted for US$32.4