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These 50 Canadian corporations are carving out a more sustainable future

Corporate Knights

Yes, greenwashing and window-dressing still dominate the business landscape, but rankings like the Best 50 prove that progress is possible. Banks, asset management and insurance peer groups are not assessed on the sustainable investment KPI. The weight of this KPI has been reweighted to the sustainable revenue KPI.

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Switzerland to Address Greenwashing with Sustainable Investment Label Rules

ESG Today

Financial products and funds labelled as ‘sustainable,’ green,’ or ‘ESG’ on Swiss financial markets will be required to align or contribute to specific sustainability goals, with providers required to disclose how they intend to achieve the goals, according to new proposed rules unveiled by the Swiss Federal Council.

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ESG Today: Week in Review

ESG Today

This week in ESG news: European Commission proposes cutting emissions 90% by 2040, includes role for carbon credits in target; Microsoft signs new 1 million ton+ carbon removal deal; companies, investors campaign to keep EU sustainable reporting rules intact; JPMorgan tokenizes carbon credits; Nestlé scales program to boost cocoa supply chain sustainability; (..)

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FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules

ESG Today

According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.

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FCA Halts Plan to Introduce Sustainability Disclosure Requirements and Investment Labels for Portfolio Managers

ESG Today

While the initial SDR was developed primarily for retail investors, the new proposal would extend the requirements to firms that manage a group of investments for consumers, with a focus on wealth management services for individuals and model portfolios for retail investors.

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U.S. SEC waters down its climate reporting rule under legal threats 

Corporate Knights

Sustainable Investment Forum, in a statement. vice-president and co-founder of sustainable asset firm Generation Investment Management. “But companies with business in Europe will be subject to the European rules when they go into effect between 2025 and 2029. The SEC estimates that 3,700 U.S.

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Aegon, Cazenove to Adopt FCA’s SDR Sustainability Focus Label for Funds

ESG Today

The FCAs SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers.