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UK Drops Plans for Sustainable Finance Taxonomy

ESG Today

Whilst the government’s ambitions to continue as a global leader remain unchanged the consultation responses showed that other policies were of higher priority to accelerate investment into the transition to net zero and limit greenwashing.” Sustainable investment groups expressed disappointment at the government’s decision.

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Australian Investors Demand Greater Adaptation Action

Chris Hall

Investment in adaptation offers significant opportunities that are yet to be comprehensively tapped,” said Rena Pulido, Head of Sustainable Investment Australia at IFM Investors, a A$221.7 It will be important for taxonomies to include adaptation to further mobilise much needed investment in adaptation,” she told ESG Investor.

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A Far from Passive Approach to Paris-alignment

Chris Hall

The distinction between active and passive investment strategies needs to be redefined when it comes to sustainable investments, argues Henrik Wold Nilsen, a Senior Portfolio Manager at Storebrand. trillion total. In his opinion, there is little downside to simply following the rules laid down in the PAB regulation.

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

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion in 2020 from US$6.6

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Sustainable investments had secretly great year

Corporate Knights

Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy stocks and the chorus of opposition against anything viewed as “woke,” it’s easy to get lost in the narrative that the shine has worn off sustainable investing. But that’s not what I’m seeing.

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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 conference was held at an important time for the responsible investment industry in Canada and around the world.

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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”.