Remove 2026 Remove Greenwashing Remove Net Zero
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A new plan to kick-start the energy transition at Canadian companies

Corporate Knights

The path to a cleaner economy is well-populated by net-zero targets, but credible plans to achieve those goals have remained elusive. Each are required not only to prevent greenwashing, but also to give investors, lenders and insurers the information they need to keep pace as economies evolve with the changing climate.

Net Zero 226
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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.

Net Zero 147
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Seven sustainable finance predictions for 2025

Corporate Knights

Aconsequence of this pushback came on New Years Eve, when global financial behemoths Bank of America and Citigroup left the Net-Zero Banking Alliance, one of the investment industry climate coalitions championed by the United Nations. By the second quarter of 2024, Morningstar estimates that net inflows had dropped to US$6.3

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How climate risk disclosure became a battleground for the clean economy

Corporate Knights

But the lack of common standards and real accountability has created uncertainty and enabled greenwashing. The work of the TCFD paved the way, in 2021, for the launch of the Net-Zero Banking Alliance (NZBA), an international cohort of banks committed to transitioning their financed emissions. What are the risks?

Banking 165
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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

SB 253 requires all businesses with revenues exceeding $1 billion operating in California to annually disclose their Scope 1 and 2 emissions, starting in 2026. Under SB 253, Scope 1 and 2 emissions will initially be subject to limited assurance from the first year of disclosure in 2026 and reasonable assurance starting in 2030.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Transition” refers to activities that do not meet the green thresholds now but are on a pathway to net zero or contributing to net zero outcomes. The measures in sum: The package of measures is intended to improve trust and transparency in the market for sustainable investment products and minimize greenwashing.

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Sustainable Investing is Here to Stay

Chris Hall

Many large companies announced ambitious net zero targets and the contribution they will make to becoming a net zero economy. With such demand for sustainable investing, regulators and lawmakers around the world have become increasingly concerned about the risk that some will take advantage by greenwashing.