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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

The ruling referred to ads displayed in bus stops in London and Bristol in October 2021, in the run-up to the COP26 climate conference, promoting HSBC’s initiatives to provide up to $1 trillion in finance and investment to help clients transition to net zero, and to help plant 2 million trees.

Net Zero 118
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Take Five: A “Starting Point” for Sustainability Reporting 

Chris Hall

Double trouble – Undoubtedly, the most significant development in sustainable investment this week was the release of its first two standards by the International Sustainability Standards Board (ISSB). Notably, ISSB Chair Emmanuel Faber added a dose of reality, describing the release as a “starting point”.

COP26 52
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Dependent on Nature

Chris Hall

“Forests are essential both for preventing dangerous climate change, catastrophic biodiversity loss, and for securing the human rights and livelihoods of more than a billion people,” said Vemund Olsen, Senior Analyst – Sustainable Investments at Storebrand Asset Management. Natural risk.

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Starting to Adapt 

Chris Hall

World Bank President Ajay Banga announced a commitment to devote 45% of its annual finance to climate by 2025. Developed countries have also been asked to prepare a report on doubling by COP29.

UNEP 64
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More Relief than Regret as Montreal Fails to Make it Mandatory

Chris Hall

The GBF’s Goal D, on implementation, contained an unambiguous commitment to aligning public and private financial flows to its overall objectives, with supporting language in the enabling targets, analogous to the Paris Agreement clauses that put climate change on the global agenda in 2015. “We billion by 2025. Beyond climate.