Remove Article Remove Divestment Remove Greenwashing
article thumbnail

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Stephen Woodford, CEO of the Advertising Association in the United Kingdom, believes it therefore is becoming increasingly untenable for advertising, PR and lobbying firms to engage in blatant greenwashing on behalf of fossil fuel clients. "I

article thumbnail

ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

From 2021 to May this year, 22 investors, including banks and pension funds, have divested from JBS or its subsidiaries, citing its links to biodiversity loss and governance issues, according to the Financial Exclusion Tracker project. This article was originally published by Global Witness. JBS is widely regarded as an ESG pariah.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. Sustainable investments should grow as divestment from carbon-intensive industries intensifies. Featured in featured block (1 article with image touted on the front page or elsewhere).

article thumbnail

ESG Today: Week in Review

ESG Today

This week in ESG news: 100% of large companies expect to be required to report on sustainability, but less than a third are ready for ESG data assurance, KPMG finds; Microsoft buys nearly 1 million tons of nature-based carbon removal credits; BlackRock launches new suite of low carbon transition ETFs; GRI launches standards to report on company impact (..)

article thumbnail

Creating a More Sustainable World With SAP's Focus on Green Customer Experiences

3BL Media

Indeed, nearly half (49%) of investors globally would divest from companies that are not taking sufficient action on environmental, social, and governance (ESG) issues. For example, when customers visit Trilogy Fashion’s website, they can view the carbon emissions associated with the production of each article of clothing.

article thumbnail

The ESG Interview: Learn from the Past, Look to the Future

Chris Hall

McMurdo anticipates more such rebellions this year, which he says reflects the pervasive greenwashing evident in net zero plans. Disputing divestment. We cannot just divest from fossil fuels; we need a fair and just transition to the net zero economy.”. And McMurdo’s caution about divestment is not limited to the energy sectors.

article thumbnail

Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. The decision to rebrand a fund often raises eyebrows, with investors “intuitively suspicious” of the activity due to greenwashing concerns among others.