Corporate Knights

FEBRUARY 8, 2022

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

Sustainable Investment

Corporate Knights

NOVEMBER 2, 2023

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. The post Canada is falling behind in global race to attract sustainable investments: Guilbeault appeared first on Corporate Knights.

Sustainable Investment

Corporate Knights

NOVEMBER 27, 2023

It committed to a green and transition taxonomy (a classification system for investments) and mandatory climate-related disclosure from large private companies. It also proposed to tackle greenwashing by strengthening competition law. What is needed now?

Banking

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

ESG Today

JUNE 5, 2025

Nearly nine out of ten institutional investors globally report that they are not changing their commitments to sustainable investing, despite geopolitical pressures, although many are being quieter about it, according to a new survey by financial group BNP Paribas.

Sustainable Investment

ESG Today

OCTOBER 30, 2022

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. Mondelez Ramps Investment in Sustainable Cocoa Initiatives to $1 Billion. ESG Services and Tools.

Greenwashing

Corporate Knights

MARCH 7, 2023

The SFAC compiled the report after it assumed responsibility for creating a green taxonomy after the Canadian Standards Association, a non-profit industry body, failed to reach consensus among fossil-fuel and investment-industry representatives in 2020.

Carbon Offsets

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

OCTOBER 13, 2024

Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Solar PV Manufacturing Capacity Green Data Center Solutions Provider Submer Raises $55.5

Supply Chains

ESG Today

SEPTEMBER 29, 2024

boards lose focus on ESG, say it’s not the same as sustainability; Microsoft to restart Three-Mile Island nuclear plant to decarbonize data centers; IFRS launches guide for voluntary application of ISSB sustainability reporting standards; Brookfield raises $2.4 This week in ESG news: U.S. Billion Air France-KLM Signs Deal for 1.9

Decarbonize

Corporate Knights

MARCH 1, 2023

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainable” investments.

Net Zero

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

ESG Today

NOVEMBER 23, 2023

The investment was announced with the Autumn Statement 2023 delivered by Chancellor of the Exchequer Jeremy Hunt, forming part of package of £4.5 billion to support strategic manufacturing sectors between 2025 – 2030, which also included £2 billion for zero emission investments in the automotive sector.

Paris Agreement

ESG Today

DECEMBER 15, 2024

Million to Improve Home Energy Efficiency Sustainable Investing Invesco Launches New Climate ETF with Record-Breaking $2.4 Million to Improve Home Energy Efficiency Sustainable Investing Invesco Launches New Climate ETF with Record-Breaking $2.4

Net Zero

ESG Today

FEBRUARY 12, 2023

This week in ESG news: Shell’s board of directors sued over climate strategy; UK regulator to test asset managers for greenwashing claims; Nordea ties top exec compensation to ESG goals; CDP says only 1 in 200 companies have credible climate plans; KPMG & Workiva partner on ESG reporting solutions; Aviva Investors to require climate transition (..)

Net Zero

ESG Today

JUNE 13, 2023

The sustainable finance framework is aimed at helping facilitate the flow of capital needed to finance the EU’s sustainability goals, including the ambitions of the European Green Deal, such as reducing net greenhouse gas emissions by at least 55% by 2030 and achieving climate neutrality by 2050.

Greenwashing

3BL Media

SEPTEMBER 7, 2022

Pacifists may choose not to invest in companies that manufacture weapons. Environmentalists may choose to invest in companies that produce durable products from natural materials. Terms like sustainable investing, impact investing, and ethical investing were used to describe this activity. In the U.S.,

Impact Investing

Chris Hall

MAY 17, 2024

European regulators have ratcheted up efforts to eliminate greenwashing from the investment sector. End of an era I – The fight against greenwashing inched ahead with the release of final guidelines for naming ESG- or sustainability-related funds by the European Securities and Markets Authority (ESMA).

Greenwashing

Chris Hall

DECEMBER 1, 2023

First fruits – Away from the UAE, there were positive developments toward the headline goal of the Global Biodiversity Framework to protect 30% of terrestrial and marine habitats by 2030.

Greenwashing

We Mean Business Coalition

MAY 19, 2023

billion tons by 2030. To achieve this requires urgent, large-scale, and sustained investment. The VCM has the potential to fund and deliver up to 32 percent of natural climate solutions’ potential and at least 10 percent of the overall mitigation we need by 2030. However, in the last three years, only 1.2

Greenwashing

Chris Hall

JULY 1, 2022

UNEP FI is responsible for formulating the Principles for Responsible Investment (PRI) and convenes the Net Zero Asset Owners Alliance (NZAOA), the Net Zero Banking Alliance (NZBA) and the Net-Zero Insurance Alliance (NZIA). Fancy writes: “To fix our system and curb a growing [greenwashing] disaster, we need government to fix the rules.”.

Net Zero

3BL Media

JANUARY 11, 2023

In the year to October 2022, more than 85 million tons of carbon capture capacity were announced, leading to a 44% hike in the forecast for installed capacity by 2030. By the end of 2023, the cumulative CCUS capacity expected by 2030 could be almost 420 million tons, a 50% increase. Sustainable Investing – Greater Scrutiny.

Supply Chains

Chris Hall

OCTOBER 1, 2022

These long-held principles of sustainability have filtered down to the world of investment. According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016.

Climate Action Tracker

Chris Hall

OCTOBER 4, 2024

According to global institutional asset manager Ninety One, they are also on a trajectory to represent 90% of emissions growth by 2030. However, we don’t just buy the bonds of a large cement company with 2030 targets and then wait until 2031 to see the results,” said Christ.

Development

Chris Hall

FEBRUARY 21, 2024

The FCA finalised the four new labels – focus, improvers, impact and mixed goals – for UK sustainability-focused funds last year as part of its work to limit greenwashing. New and existing commercial stock that does not meet increasing EPC standards by 2030, and potentially 2027, could suffer.”

Sustainable Investment

Chris Hall

JANUARY 21, 2022

New Morningstar analysis suggests that sustainable investments paid in 2021, but many boards are not currently on the same page as shareholders, let alone a wider range of stakeholders. Greenwashing practices are gradually being closed out, even in the ‘ wild west ’ of the voluntary carbon markets.

Net Zero

Chris Hall

FEBRUARY 2, 2024

Negligible impact on SDGs – The need to close a massive financing gap to achieve the UN Sustainable Development Goals (SDGs) is well established. Regulators are already pushing back against the risk of greenwashing with a range of fund disclosure , naming and labelling rules.

Net Zero

Corporate Knights

NOVEMBER 2, 2022

Born in Karachi, Pakistan, she now designs transmission stations to support the increased use of renewable energy (contributing to Saskatchewan’s goal of generating 50% electricity from renewables by 2030). “I trillion funding gap needed to achieve the UN’s 2030 Sustainable Development Goals. million tonnes.

Climate Change

We Mean Business Coalition

JUNE 2, 2022

Therefore, all sustainability reporting standards, if they refer to the ISSB will ensure companies can report just once in a way that is transparent and robust, minimising the opportunities for greenwashing and accurately indicating to investors where the most sustainable investment options lie.

COP26

Chris Hall

APRIL 21, 2023

On climate, ministers also agreed to accelerate the renewable energy transition, collectively increasing offshore wind capacity by 150 GW by 2030 and solar by 1 TW. With the Church of England Pensions Board planning to vote against Volkswagen’s board over lack of transparency on climate lobbying, many directors may not be sitting comfortably.

Net Zero

Chris Hall

OCTOBER 11, 2023

Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C, C, according to industry experts speaking at Morningstar’s ‘ Sustainable Investing Summit 2023 ’. C in the Paris Agreement; with only 3% of global policies currently moving towards the 1.5°C

Net Zero

B the Change

JULY 7, 2022

Most asset managers, especially institutional investors such as mutual and pension funds, claim to integrate ESG into their investment strategy. The numbers speak for themselves: According to the Global Sustainable Investment Alliance, over $35.5 trillion was managed for sustainable and responsible investing globally in 2020.

Chief Sustainability Officer

Corporate Knights

JANUARY 3, 2023

But within months, that optimism started to wither as leading members threatened to leave the alliance after learning they were expected to implement stringent emission cuts by 2030. By November, GFANZ organizers conceded that the 2030 emission-reductions targets would not be mandatory, acknowledging the one-year-old agreement had no teeth.

Net Zero

Carlos Sanchez

DECEMBER 18, 2022

In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. 2022 Sustainability Summary. In 2022, the voice against “greenwashing” practices was clear and loud. Sustainability trends 2023: Net-Zero roadmaps.

Net Zero

Chris Hall

FEBRUARY 23, 2023

The UK’s Financial Conduct Authority (FCA) was challenged during a parliamentary hearing on Wednesday, on the grounds that funds adhering to the regulator’s proposed rules for sustainability labels may be able to hold fossil fuel firms, some of which have recently rowed back on climate commitments.

Greenwashing

Chris Hall

NOVEMBER 19, 2024

A decision by The Hague Court of Appeal to overturn a ruling requiring Shell to almost halve its carbon emissions by 2030 has allowed the firm to delay decarbonisation in the short term. But the oil and gas major’s delay tactics do not mean the firm can completely evade its legal responsibility to mitigate negative climate impacts.

Net Zero

Chris Hall

AUGUST 4, 2023

Sustainable investing of every kind is to some degree geared towards addressing the biggest threats facing our planet and its inhabitants, which means our collective response must itself be monumental. In the absence of such a paradigm, ‘impact-washing’ is fast becoming the most duplicitous form of greenwashing.

Banking