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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

Ashley Thomson, Global Witness’s US Senior Policy Advisor Similar concerns have also been raised by Tariq Fancy, BlackRock’s former sustainable investment chief, who criticised the firm for “misleading investors” by using the ESG label, calling it a “dangerous placebo”.

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Sofidel: The Forum for Sustainable Finance

3BL Media

It includes financial operators and other organizations interested in the environmental and social impact of investments. The Forum’s mission is to promote the knowledge and practice of sustainable investing, with the goal of spreading the inclusion of environmental, social and governance ( ESG ) criteria in financial products and processes.

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ESG Ratings Diverge Substantially, with Real-Economy Impact

Chris Hall

In practice, however, investment choices are guided by ESG ratings, making the construction of and disagreement among ESG ratings a central concern,” the study said. Regulators are increasingly focused on sustainable-investing ratings in a bid to deter greenwashing.

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A Realist’s Guide to Investing for Good

Stanford Social Innovation

In fact, almost 85 percent of individual investors say they are interested in sustainable investing and more than three quarters believe they can use their investments to influence the extent of climate change. Issuance of green bonds has more than tripled from 2017 to 2021.

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Here are the nine biggest corporate greenwashing fines

Corporate Knights

Regulators around the world are trying to tackle the problem of greenwashing with new rules and enforcement mechanisms. As greenwashers are expected to face increasing and more frequent fines in certain jurisdictions, a plastic-prevention start-up called CleanHub recently ranked the largest greenwashing fines given out to date.

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UK Must Converge with ISSB to Avoid “Over-lapping” Rules

Chris Hall

UKSIF banks “phased approach “ to sustainability disclosures for SMEs to reduce compliance burden of UK ’s proposed non-financial reporting requirements. The TCFD’s recommendations were published in June 2017 and have since gained widespread recognition and adoption by companies, investors, and governments globally.

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Keeping on the Straight and Narrow

Chris Hall

The taskforce will also consider guidance on avoiding greenwashing strategies, and the simplification of assessing, comparing and interpreting transition plans. . In 2021, the TCFD consulted on its metrics, targets and transition plans, with a view to updating its original 2017 framework and guidance.