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Memo to Canadian mutual funds: stop greenwashing with vague ‘ESG integration’ claim

Corporate Knights

In a new anti-greenwashing policy, Canadian mutual funds will no longer be able to claim the vague and oft-criticized strategy of “ESG integration” if they want to be included in the country’s official list of responsible investment funds. Since the early 2000s, ESG integration has become a widely used strategy in the financial industry.

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Greenwashing Cases Fall for First Time in Six Years as Regulatory Scrutiny Builds: RepRisk

ESG Today

The report found a 12% decrease in the number of companies associated with greenwashing risk in the year ending in June 2024, signalling a significant shift in corporate behavior, according to RepRisk, with the number declining for the first time since 2019. Alternatively, greenwashing cases increased slightly in the U.S.,

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

Church investors dared to come to annual meetings to ask questions, or even worse, church investors filed shareholder proposals,” she wrote in a 2018 blog about her early work. EE: There’s a general concern about greenwashing and the dissonance between what many companies say they believe about ESG issues and what they are actually doing.

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Sofidel: The Forum for Sustainable Finance

3BL Media

About 40% of the companies surveyed do not know how to estimate the extent of their exposure to climate risks, and only 17% have approached banks for financing related to sustainability projects. How high is the risk of greenwashing? This is a positive fact that however raises some doubts about the veracity of what they are claiming.

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From paralyzing eco-anxiety to hope in six steps

Edouard Stenger

This blog is also full of pragmatic solutions and it’s a matter for all of us to adopt them at scale, such as heat pumps, district heating, renewables, electric buses and bikes, bio-based materials and so on… We have all the tools we need to slash greenhouse gases emissions fast. Here are six steps to make your life 1.

Banking 102
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Take Five: Is Your Cup Half-full or Half-empty?

Chris Hall

Launched two and a half years ago, into a world where transition was viewed with suspicion – almost a synonym for greenwashing – the TPT’s guidance materials made transition a tangible and measurable process, giving investors a greater degree of confidence their capital was supporting real-world decarbonisation.

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What is Ethical Consumerism?

Steven Mintz

For starters, you can conduct research on what type of investments your bank holds. Many of the largest banks are major investors in the fossil fuel industry. However, companies might try to skip it and take on the aesthetic of a sustainable company without making any changes, a practice known as greenwashing.