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ESG Today: Week in Review

ESG Today

This week in ESG news: EU’s EFRAG set to reduce CSRD sustainability reporting datapoints by 50%; Australia launches sustainable finance taxonomy; U.S.

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Major Barriers to CCUS, Green Hydrogen Role in UK 2030 Plan

Chris Hall

Published yesterday, the NESO’s Clean Power 2030 report identified two primary clean power pathways to achieve the UK government’s goal of net zero electricity generation by 2030. One requires 50 gigawatts (GW) of offshore wind by 2030, but no new dispatchable power from hydrogen or CCUS.

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ESG Today: Week in Review

ESG Today

This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR (..)

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KPMG at COP29 Agenda

3BL Media

Theme: Navigating the energy transition Register today Thursday 14 November 2024 11:30am – 1:00pm (GMT+4) | Greenwashing: Are your green claims robust enough to withstand scrutiny and avoid greenwashing accusations? With sustainability and transparency at the forefront of the business landscape, the issue of greenwashing has emerged.

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Île-de-France Mobilités Raises €1 Billion in First-Ever Public Sector “EuGB” Green Bond Offering

ESG Today

Adopted by the EU in November 2023 , and taking effect in December 2024, the EuGB regulation was launched by the European Commission to establish a gold standard for green bonds, in order to combat greenwashing and advance the sustainable finance market in the EU.

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India Releases Draft Climate Finance Taxonomy to Drive Capital to Net Zero Goals

ESG Today

Indias Ministry of Finance announced the release of a draft framework for its Climate Finance Taxonomy, its classification system for identifying sustainable economic activities aligned with its climate goals, aimed at enabling the facilitation of major capital flows required to support the net zero transition, while preventing greenwashing.

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‘Greenhushing’ bears a steep cost for the world’s biggest brands, report finds

Corporate Knights

The company has set ambitious carbon-neutrality initiatives, including making every product carbon neutral by 2030. Greenwashing gives way to greenhushing The Brand Finance report comes at a time when many companies are facing a pivotal decision about how they want to portray their sustainability efforts.