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‘Carbon neutral’ and ‘net-zero’ claims face global greenwash crackdown

Corporate Knights

Back in 1986, an ecologist on a research trip to Fiji reportedly coined the term “greenwashing” in an essay critiquing a beachfront resort’s towel reuse policy. Four decades later, greenwashed marketing claims, did not, it turns out, come out in the wash. We need to set things straight for consumers and give them full information.”

Net Zero 317
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Are you greenwashing, wishing or walking?

GreenBiz

Are you greenwashing, wishing or walking? Helle Bank Jorgensen. Some are given information about what goals the competitors are setting, and what the talent, customers and investors are expecting and demanding from the board. Thu, 07/15/2021 - 00:01. We are in the middle of the biggest commitment to a green future. Pull Quote.

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Canada's greenwashing law has been a major reality check for the oil lobby

Corporate Knights

Canada’s new greenwashing ban rattles fossil fuel industry Parliament grilled Canada's Big Five banks on their fossil fuel financing - here's why it matters It remains to be seen how and where Pathways will launch its next public advertising campaign, if it chooses to launch one at all. Then came the threats.

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85% of Investors Say Greenwashing is a Growing Problem: EY Survey

ESG Today

For the report, the EY 2024 Institutional Investor Survey, EY surveyed 350 investment decision-makers globally, across asset management firms, wealth management firms, private banks, insurers, pension funds, family offices, foundations, endowment funds and sovereign wealth funds.

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ESMA Guides Issuers, Fund Managers on Anti-Greenwashing Expectations

ESG Today

EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of a new thematic note aimed at guiding market participants including issuers and fund managers on its expectations for sustainability-related claims, and avoiding greenwashing risks in investor communications.

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A new plan to kick-start the energy transition at Canadian companies

Corporate Knights

C-aligned transition plans, only 2% provided enough information to judge their credibility. 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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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.