Remove 2021 Remove Academics Remove Greenwashing
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A Framework for Companies That Want to Avoid Greenwashing

B the Change

That means avoiding “greenwashing,” or false communications about environmental action. Greenwashing is a big problem. Almost half of all environmental clai ms online are exaggerated, false, or deceptive , according to a 2021 analysis in the European Union. You’ve probably heard of greenwashing. What Is Greenwashing?

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Green building labels need a renovation

Corporate Knights

“In some instances, they may amount to so-called ‘greenwashing’ with consumers effectively being deluded into thinking their ‘energy efficient’ home represents a better outcome for the environment.”. This wasn’t the first time that energy efficiency experts had challenged the EPC rating system.

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Green to the core? Top business schools are drilling sustainability into their core curricula

Corporate Knights

When Stephanie Schleimer was a young aspiring academic, preparing to teach her first course on corporate strategy, she couldn’t find a single textbook that mentioned values, well-being or sustainability. Goodstein and Schleimer are both directors of a kind of MBA program that didn’t exist when they were students.

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UK to “Consult” on Requirement for Companies to Disclose Climate Transition Plans

ESG Today

The TPT launched its framework in November 2022, and is expected to publish it and its implementation guidance for transition plans in the summer of 2023.

Net Zero 117
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UK Pushed to Catch up with Europe on ESG Ratings

Chris Hall

Last year, the FCA commissioned the International Capital Market Association and the International Regulatory Strategy Group to develop a voluntary code of conduct for ESG ratings providers. Grey area The exact scope of the UK’s regulatory regime is still yet to be wholly defined.

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AB: Materiality Check: The Next Stage of ESG and Responsible Investing

3BL Media

The EU’s Sustainable Finance Disclosure Regulation (SFDR) from 2021 aims to improve transparency about ESG features of investment portfolios by having firms classify them as Article 8 or Article 9 products. Although this doesn’t mean a portfolio is managed with an ESG focus, it provides transparency for investors who want it.

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An Increasing Sense of Urgency

Chris Hall

According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016. Adequate disclosure is critical if the ESG funds are to avoid “being ridiculed as “greenwashing”, it said.