Corporate Knights

JANUARY 10, 2024

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. It was a different story in 2022.

Sustainable Investment

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

ESG Today

MAY 15, 2023

The report also found that barely any funds labelled as ‘sustainable’ would meet the proposed fund naming rules across the EU, UK and U.S. Proposals included in the consultation primarily focus on the minimum proportion of investments required to support an ESG-related fund name.

Greenwashing

ESG Today

OCTOBER 25, 2023

Switzerland’s Federal Department of Finance (FDF) announced today that it will proceed with plans to propose regulations to address greenwashing in the financial sector, including investment and disclosure rules for financial products using labels such as ‘sustainable,’ green,’ or ‘ESG.’

Sustainable Investment

ESG Today

JUNE 5, 2023

Key sources of greenwashing risk identified by the regulators included claims about sustainability impact and company engagement made by asset managers, litigation risk related to misleading ESG claims made by banks, and misleading product claims by pension and insurance providers.

Greenwashing

Corporate Knights

AUGUST 13, 2024

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”.

Divestment

Corporate Knights

NOVEMBER 2, 2022

Whether they’re legal advocates, entrepreneurs, activists, engineers-in-training or policy geeks, Corporate Knights’ 2022 Top 30 Under 30 Sustainability Leaders are using their collective skills to challenge the status quo and bend the arc of history toward a more just and sustainable future. They’re in good company.

Climate Change

ESG Today

JUNE 5, 2024

Increased supervisory actions and better access to data and other resources will be required to address growing greenwashing risks at banks, investment firms and insurance companies, according to new reports released by Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs).

Greenwashing

Corporate Knights

DECEMBER 1, 2023

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Under the new definitions in 2022, those assets are 14% lower at US$30.3

Sustainable Investment

3BL Media

MARCH 29, 2022

DESCRIPTION: LONDON, March 30, 2022 /3BL Media/ - Impact Cubed, a leading provider of ESG data and sustainable investment solutions, has launched new tools on its automated platform so investors can see into fund holdings, measure impact, and report to regulators. SOURCE: Impact Cubed.

Greenwashing

3BL Media

APRIL 19, 2022

Jordan Locke, a recruitment consultant in Acre's Global Sustainable Finance & Impact Investing Team, sat down with Business Insider alongside a group of industry experts to discuss the current ESG talent shortage, ‘greenwashing’ and the rapid pace of change. . Written by Rebecca Ungarino | 26th January 2022.

Greenwashing

Corporate Knights

OCTOBER 17, 2022

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks.

Net Zero

ESG Today

JUNE 19, 2024

Switzerland’s Federal Council announced today that it will hold off on regulating greenwashing in the financial sector, allowing instead for the industry to monitor itself, following progress made by the sector’s associations in developing and implementing self-regulatory provisions.

Greenwashing

ESG Today

MAY 14, 2024

According to ESMA, the new guidelines were established as investor demand for ESG-focused funds has increased sharply, creating incentives for asset managers to include sustainability-related terms in fund names to attract investors, leading to an increased risk of greenwashing.

Greenwashing

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. . The value of portfolios classified as responsible investments (RI) dropped from $3.2 More to be done on responsible investing.

Greenwashing

ESG Today

FEBRUARY 24, 2023

ESMA unveiled the proposed rules in November 2022, aimed at providing asset managers with clear criteria for the use of ESG or sustainability-related terms for funds, in order to ensure that investors aren’t misled about the investment products’ ESG characteristics.

Greenwashing

3BL Media

AUGUST 14, 2024

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.

Green Bonds

Corporate Knights

JANUARY 8, 2025

Tim Nash, founder, Good Investing Morningstar says that after three years of high growth, managers are being more selective and tactical in their approach ahead of anti-greenwashing regulations in the United Kingdom and Europe. Retail investors push for green funds Its not all doom and gloom.

Greenwashing

Chris Hall

MARCH 20, 2024

Reclaim Finance calls for increased anti-greenwashing regulation for fund managers, and collaboration with index providers. In 2022 , the UN-convened Net Zero Asset Owner Alliance urged index providers to accelerate the development of net zero-aligned benchmarks to support investors’ growing appetite to adopt passive strategies.

Greenwashing

3BL Media

MARCH 21, 2022

Recent prominent media articles have warned of a bubble and criticized sustainable portfolios for being ineffective as agents of change. Sustainable investment funds are mushrooming. Assets under management in Morningstar’s global sustainable fund universe surged to $2.75 We think the critics have missed the point.

Sustainable Investment

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

ESG Today

JULY 10, 2024

By: Priyanka Bawa , Senior Analyst in the Verdantix ESG & Sustainability practice Despite more net zero targets being set than ever before, and more science-based targets being used to back them, 2022 research from South Pole shows that one in four businesses do not intend to talk about their science-aligned climate targets.

Greenwashing

Jon Hale

DECEMBER 22, 2021

End of Week Notes And 4 ways that it’s having a positive impact on the world Sustainable investing had another successful year of growth, performance, and influence in 2021. Global sustainable funds attracted record inflows in just the first three quarters of the year, while their overall assets under management approached $4 trillion.

Sustainable Investment

Chris Hall

OCTOBER 25, 2024

However, between regulations and ambitions, there are operational implications that are redefining the entire landscape of sustainable investments. According to a Morningstar report, in 2022, assets managed in funds meeting the requirements of Article 8 grew by more than 15% in Europe, reaching a total of around €4.2

Greenwashing

ESG Today

OCTOBER 19, 2022

The ruling comes as financial institutions and other companies increasingly face regulatory scrutiny over greenwashing concerns. Earlier this year, the CEO of Deutsche Bank’s investment arm DWS resigned after police raided the firms’ Frankfurt offices as part of an investigation into greenwashing allegations.

Net Zero

ESG Today

MARCH 1, 2023

Lawmakers in the European Parliament and the European Council announced today an agreement on the creation of standards for proposed European Green Bonds (EuGB), as well as voluntary disclosure guidelines for green bond issuers aimed at preventing greenwashing in the sustainable bond market.

Green Bonds

Chris Hall

MAY 19, 2023

The report said greenwashing as a key concern for asset owners, with asset managers “overstating or providing unclear messaging” on their level of commitment to sustainability. million) to over €6 billion – 57% of which possessed AuM between €1 billion and €5 billion. consider ESG a top product development initiative.

Greenwashing

Impakter

MARCH 11, 2023

In what’s being labelled a “landmark’’ moment for sustainable finance, EU negotiators last week finally announced the agreement of a provisional deal establishing a gold standard for European green bonds (EuGB). appeared first on Impakter. Stephen Hare

Green Bonds

3BL Media

SEPTEMBER 28, 2022

DESCRIPTION: LONDON, September 28, 2022 /3BL Media/ - Impact Cubed today launched its new portfolio validator and climate tools on its analytics platform. Investors’ growing appetite for sustainable investments now places funds marketed as ESG at more than $2.7trn in AUM. SOURCE: Impact Cubed.

Sustainable Investment

3BL Media

FEBRUARY 22, 2022

DESCRIPTION: LONDON, February 23, 2022 /3BL Media/ - Impact Cubed today launched its new solution to help investors meet the European Union’s (EU) Taxonomy regulation. The outcome is a seamless approach to customized sustainable investing. SOURCE: Impact Cubed.

Green Investing

ESG Today

FEBRUARY 5, 2023

This week in ESG news: EU launches green industrial plan to counter US Inflation Reduction Act; California lawmakers propose rule requiring full value chain emissions disclosure from companies; survey finds large majority of companies boosting spend this year on sustainability initiatives despite headwinds; Amazon sets corporate renewable energy record; (..)

Net Zero

James Militzer

JUNE 21, 2024

This interest is driven by new climate science findings and the strong performance of sustainable investments: In 2023, sustainable funds outperformed traditional funds , delivering an overall return of 12.6%, which is almost 50% higher than that of traditional funds. trillion in 2022, a 15% decrease from 2020.

Greenwashing

3BL Media

JANUARY 18, 2024

FCA confirms sustainability disclosure and labeling regime The Financial Conduct Authority (FCA) has issued a policy statement setting out its final rules and guidance on Sustainability Disclosure Requirements (SDR) and investment labels. Next steps: The anti-greenwashing rule will come into effect from May 31, 2024.

Green Bonds

Chris Hall

FEBRUARY 23, 2022

“Guidance on labelling sustainable and ESG funds would be the natural next step for the SEC to take,” Gregory Hershman , Head of US Policy at the UN-convened Principles for Responsible Investment (PRI) told ESG Investor. Studies have highlighted that greenwashing is a problem in the US.

Greenwashing

Chris Hall

MARCH 2, 2022

European efforts to bring transparency to ESG funds haven’t addressed fears of greenwashing. Almost a year since the European Commission introduced the Sustainable Finance Disclosure Regulation (SFDR), the European investment community remains divided over how to classify the ESG risks and impacts of their investments.

Greenwashing

Chris Hall

NOVEMBER 1, 2023

Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainable investments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5 trillion by 2026, up from US$18.4

Sustainable Investment

ESG Today

DECEMBER 18, 2023

The update follows the launch of a consultation on the guidelines in November 2022, which the regulator said was aimed at protecting investors from greenwashing risk, by ensuring that fund names that include terms such as “ESG” or “sustainability” fairly reflect funds’ actual investment policies and objectives.

Greenwashing