Chris Hall

JANUARY 31, 2023

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”

Greenwashing 96

Greenwashing Net Zero CDP Sustainable Investment 96

ESG Today

FEBRUARY 7, 2023

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has informed asset managers that it will be testing the ESG and sustainable investing claims made in their communications with investors, as part of its efforts to reduce greenwashing risk.

Greenwashing 118

Greenwashing Sustainable Investment Development 118

ESG Today

FEBRUARY 2, 2023

Climate and environmental sustainability advocacy group Global Witness announced today that it has submitted a complaint to the SEC, accusing energy giant Shell of greenwashing by misleading investors about the amount of investment it is directing towards renewable energy.

Greenwashing 109

Greenwashing Net Zero Digitalization 109

ESG Today

JULY 26, 2023

ASIC Deputy Chair Sarah Court said: “We consider that the screening and research undertaken on behalf of Vanguard was far more limited than that being promised to investors, and we consider this constitutes another example of greenwashing.”

Greenwashing 71

Greenwashing 71

ESG Today

SEPTEMBER 26, 2023

DWS has agreed to a $19 million fine to settle the charges, marking the largest-ever greenwashing penalty imposed on an asset manager by the SEC. Fixler was fired from DWS in March 2021 immediately prior to the release of the firm’s annual report.

Greenwashing 108

Greenwashing Banking 108

ESG Today

JANUARY 31, 2023

The UK’s Competition and Markets Authority (CMA) announced that it will expand its efforts to address greenwashing, examining the green claims made by companies marketing items including food, drink and homecare products. The post UK Competition Watchdog Probing Greenwashing by Food, Cleaning Products Companies appeared first on ESG Today.

Greenwashing 82

Greenwashing 82

Chris Hall

JUNE 15, 2023

The European supervisory authorities (ESAs) and EU national competent authorities (NCAs) will need to build out their in-house resources and skill sets to effectively identify and handle instances of greenwashing by financial institutions, but greater guidance is recommended by observers rather than new waves of regulation.

Greenwashing 52

Greenwashing Sustainable Investment Banking Impact Investing 52

GreenBiz

APRIL 6, 2021

Matter of opinion: What the 2021 Earth Day polls reveal. Tue, 04/06/2021 - 02:11. Joel Makower. I started doing this in 2007 and, with a few exceptions, continued it annually through last year. That feels like an honest appraisal, more so than most survey results by purportedly green-shopping consumers.

Climate Change 272

Climate Change Net Zero Greenwashing Waste 272

ESG Today

AUGUST 15, 2023

Source: ASIC According to the ASIC allegations, however, the fund held 28 holdings which exposed members to these areas between February 2021 and June 2023, including holdings in casino operator Skycity Entertainment Group, tobacco company Amcor, and Russian oil and gas companies Gazprom and Rosneft.

Greenwashing 82

Greenwashing 82

ESG Today

MAY 8, 2024

Lululemon launched Be Planet in 2020 as part of the company’s Impact Agenda, with a series of targets including having 100% of products include sustainable materials and end-of use solutions by 2030, offering options to customers to extend the life of its products by providing resell, repair, or recycle options by 2025, sourcing 100% renewable electricity (..)

Greenwashing 97

Greenwashing Supply Chains Supply Chain Net Zero 97

Chris Hall

JUNE 7, 2022

Asset managers should expect and prepare to be challenged on the sustainability credentials of their ESG-labelled funds as financial markets watchdogs clamp down on greenwashing, according to regulatory experts. . Growing concerns over greenwashing and mislabelling were highlighted in a 2021 report published by think tank InfluenceMap. .

Greenwashing 52

Greenwashing Paris Agreement Sustainable Investment Development 52

Chris Hall

JUNE 15, 2022

The Australian Securities and Investments Commission (ASIC) has issued new guidance to help funds avoid ‘greenwashing’ and enhance disclosures when offering or promoting sustainability-related products. In our region alone, sustainability-labelled investments have more than doubled between 2019 and 2021.”

Greenwashing 52

Greenwashing Development 52

ESG Today

MARCH 6, 2024

JBS announced its goal to achieve net zero by 2040 in 2021, and has committed to set near-term company-wide emission reductions with the Science Based Targets initiative (SBTi). JBS USA’s greenwashing exploits the pocketbooks of everyday Americans and the promise of a healthy planet for future generations.

Greenwashing 85

Greenwashing Net Zero Supply Chains Supply Chain 85

Corporate Knights

OCTOBER 14, 2022

But Ecojustice lawyer Matt Hulse said Canada’s current regulatory system still requires citizens to play “whack-a-mole” against the behaviour of individual banks, rather than taking a systemic approach to greenwashing and fossil fuel finance. This is disingenuous greenwashing at best, and unlawful at worst.

Banking 287

Banking Greenwashing Net Zero Paris Agreement 287

Corporate Knights

JANUARY 12, 2024

In 2022, the Canadian Competition Bureau launched an investigation into whether the Royal Bank of Canada’s advertisements amounted to greenwashing. At worst, it is greenwashing of carbon-intensive businesses, misleading investors and the public.” The complaint called on regulators to establish clearer standards for sustainable finance.

Banking 280

Banking Net Zero Greenwashing 280

Chris Hall

OCTOBER 19, 2023

Research by the European regulator shows that ESG-related named fund s attract more inflows , raising concerns about potential greenwashing. The number of actively managed funds domiciled in the EU that have changed their name to include at least one ESG word peaked at over 350 during the second half of 2021 and the first half of 2022.

Greenwashing 121

Greenwashing Sustainable Investment Development 121

Corporate Knights

DECEMBER 14, 2022

trillion at the end of 2021 from US$17.1 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 at the end of 2021 from $3.2

Sustainable Investment 363

Sustainable Investment Greenwashing Green Investing Development 363

Sense and Sustainability

JANUARY 27, 2021

Editor’s note : This is the first of two articles published concerning greenwashing, both historically and at present. What is Greenwashing and How does It Work? Products are greenwashed through the process of renaming, rebranding or repacking. Large scale greenwashing companies have made headlines over the years.

Greenwashing 52

Greenwashing Waste Digitalization Development 52

Sense and Sustainability

MARCH 3, 2021

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.

Greenwashing 52

Greenwashing Carbon Offsets Supply Chains Supply Chain 52

Corporate Knights

NOVEMBER 28, 2022

A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and a tougher regulatory environment. . trillion in total assets at the end of 2021. . welcomed this reclassification, saying it will help bring an end to industry greenwashing. .

Greenwashing 252

Greenwashing Negative Screening Positive Screening Impact Investing 252

Eco-Business

DECEMBER 7, 2021

From carbon neutral oil to planting 40 billion trees where there's no water, greenwashing went into overdrive in 2021. Eco-Business highlights the times when brands were criticised for making green claims of dubious credibility.

Greenwashing 19

Greenwashing 19

Corporate Knights

NOVEMBER 16, 2022

Getting to net-zero – without greenwashing. The last climate conference, COP26 in Glasgow, Scotland, nearly fell apart over frustration that international finance wasn’t flowing to developing countries and that corporations and financial institutions were greenwashing – making claims they couldn’t back up.

Net Zero 246

Net Zero Greenwashing Banking COP26 246

Chris Hall

MAY 28, 2024

Between January 2020 and December 2021, the EU watchdog identified 191 European companies involved in 933 misleading communication incidents – 70% of which involved greenwashing.

Greenwashing 63

Greenwashing Sustainable Investment 63

Sustainability Matters

JULY 3, 2022

But perception and reality of a company’s credentials can vary widely, and after years of media reports and widespread concern around ‘greenwashing’, the ASX recently announced a crackdown on ethical funds , joining ASIC to fight against those using the market disclosure system to fake green credentials. That’s exactly what greenwashing is.

Greenwashing 87

Greenwashing Climate Change Waste Development 87

Corporate Knights

JANUARY 23, 2024

Cancelling oil industry greenwash There’s a growing consensus that the PR companies involved in greenwashed campaigns need to be held to account. Addressing the UN General Assembly in 2022, Secretary-General António Guterres took aim at the “massive PR machine raking in billions to shield the fossil fuel industry from scrutiny.”

Greenwashing 337

Greenwashing Net Zero Climate Change Digitalization 337

Corporate Knights

APRIL 2, 2024

Federal and provincial regulators are seeking to put an end to greenwashing and investor confusion by fostering common reporting practices across firms. In 2021, provincial securities regulators across Canada issued, in draft form, one of the world’s first climate disclosure rules for publicly traded companies.

Greenwashing 165

Greenwashing Climate Change Banking Development 165

Chris Hall

MARCH 31, 2022

Linking our factual data to tech-enabled tools is a powerful antidote to ESG ratings confusion and concerns about greenwashing.” The post This Week’s Tech and Tools News: Impact Cubed Tools Target Greenwashing appeared first on ESG Investor. The domestic Indonesian carbon market will be linked to ACX’s international client order book.

Greenwashing 52

Greenwashing Net Zero Analytics Carbon Offsets 52

Impakter

MARCH 11, 2023

Following the initial proposal for EuGB regulation in 2021, and having failed to reach consensus in December 2022, the deal looks to tackle greenwashing […] The post EU Green Bond Deal: Sustainable Gold Standard or Unrealistic? appeared first on Impakter. Stephen Hare

Green Bonds 94

Green Bonds Greenwashing Net Zero Sustainable Investment 94

GreenBiz

FEBRUARY 9, 2021

Tue, 02/09/2021 - 02:00. Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. If successfully on stream by summer 2021 as its designers hope, the service should drive not only increased transparency but also increased accountability.

Greenwashing 443

Greenwashing Climate Change Divestment Net Zero 443

Chris Hall

NOVEMBER 29, 2023

Anti-greenwashing rules and guidance may become “diamond standard”. Anti-greenwashing guidance proposed by the UK Financial Conduct Authority (FCA), as well as the promise of extending the finalised Sustainability Disclosure Requirements (SDRs) to pension products, has been welcomed by the investment industry.

Greenwashing 79

Greenwashing Net Zero Development Impact Investing 79

Corporate Knights

JANUARY 3, 2023

The year started optimistically, fresh off the bold and ambitious agreement in November 2021 that established the Glasgow Financial Alliance for Net Zero (GFANZ). banks accounted for nine of the 12 largest financiers to the fossil industry in 2021, according to Banking on Climate Chaos , a report published in 2022 by BankTrack.

Net Zero 271

Net Zero Banking Sustainable Investment Greenwashing 271

ESG Today

NOVEMBER 16, 2023

The report noted, however, that these levels were below those of a prior 2021 survey, despite the fact that fewer investors disagreed with these statements, with more investors instead being “neutral” on these issues.

Greenwashing 111

Greenwashing Divestment Sustainable Investment Climate Change 111

Corporate Knights

OCTOBER 11, 2022

France’s law, which takes effect next year, emerged from 2021 climate legislation that aims to reduce energy use and promote renewable sources. In September, CAPE struck again, filing a greenwashing complaint with the federal Competition Bureau against the natural gas industry.

Climate Change 361

Climate Change Greenwashing Development 361

Chris Hall

OCTOBER 28, 2022

Regulation will never be sufficient to protect investors from greenwashing, says Alexandra Mihailescu Cichon, EVP at RepRisk. While this is to be encouraged as a step toward the transition to a more sustainable future, focused around lower-carbon economies, this same pressure has also led to an uptick in greenwashing.

Greenwashing 52

Greenwashing Paris Agreement Climate Change Banking 52

Chris Hall

MARCH 2, 2022

European efforts to bring transparency to ESG funds haven’t addressed fears of greenwashing. Different approaches to product classification have sown confusion and raised greenwashing concerns among both institutional and retail investors. trillion at the end of December 2021 – representing 42.4% What impact has SFDR had?

Greenwashing 98

Greenwashing Negative Screening Sustainable Investment Paris Agreement 98

Corporate Knights

FEBRUARY 27, 2023

The Canadian oil and gas industry is engaging in greenwashing by endorsing a 2050 net-zero target while actively lobbying against measures that would achieve that climate goal, international non-profit InfluenceMap says in a report. In statement, CAPP rejected the greenwashing charge.

Net Zero 364

Net Zero Greenwashing Climate Change 364

Corporate Knights

JANUARY 10, 2024

Sustainable investments soared in 2020 and 2021 , and that was certainly when the shine was on. We used to be concerned about greenwashing, but now it seems that many companies are deliberately staying quiet in what some are calling greenhushing – the practice of downplaying or keeping quiet about their sustainability initiatives.

Sustainable Investment 306

Sustainable Investment Divestment Negative Screening Greenwashing 306