article thumbnail

European Regulators Slammed for Approach to Greenwashing Probe

Chris Hall

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”

article thumbnail

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

Corporate Knights

CDP, a prominent climate disclosure platform, has found that while a quarter of the companies it tracks have 1.5°C-aligned 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 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

ESG Today: Week in Review

ESG Today

This week in ESG news: SBTi publishes first draft of new corporate net zero standard; Canadas new PM cancels consumer carbon tax; Amazon launches service to sell carbon credits to companies; UBS pushes back net zero goals after acquiring Credit Suisse; BlackRock enhances sustainability characteristics for funds ahead of new regulations; global accounting (..)

article thumbnail

On the fifth anniversary of the TCFD, a call to action

GreenBiz

To support the TCFD and the companies committed to meeting its suggested actions, CDP redesigned its own climate change questionnaire in 2018 to align with the recommendations. Disclosure also prevents greenwashing. Two years later in 2017, the group introduced its official recommendations for corporate financial disclosures.

CDP 203
article thumbnail

ESG Today: Week in Review

ESG Today

C-Aligned Climate Transition Plans Jumps 44% in a Year: CDP C-aligned climate transition plans; BNP Paribas AM requires portfolio companies to integrate climate component into executive compensation, and more.

Net Zero 123
article thumbnail

Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

This year, the non-profit CDP, which runs the world’s environmental disclosure system, included new questions to assess firms’ approaches to biodiversity. Biodiversity awareness in the world of finance. The awareness about biodiversity risks remains very limited within the finance community. There are, however, positive signs.

article thumbnail

CDP Calls for G20 Mandatory Nature Disclosures

Chris Hall

Setting targets without mandatory disclosure path “counterproductive” and risks greenwashing, non-profit warns. Despite these commitments, a report by disclosure platform CDP has found that only Brazil, the EU, Singapore and Indonesia have implemented or are working on implementing any biodiversity-related requirements.

CDP 52