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Investors shun long-term ESG rewards in quest for short-term gains, says EY survey

Envirotec Magazine

Dr. Matthew Bell, EY Global Climate Change and Sustainability Services Leader, says: The global investor community should be front and center of the drive for sustainability, but instead what were witnessing is worrying levels of apathy.

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Net zero regulations surge around the world but implementation gap remains

Envirotec Magazine

In Brazil, incoming rules require listed companies and financial institutions to report publicly not only their emissions, but also the risks they face from climate change. For example, a new law in the EU requires companies to create plans that lay out how they will transition to net zero. However, many of these rules remain soft.

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As the legal fight over climate action heats up, here are five cases to watch

Corporate Knights

Around the world, the courts have emerged as the leading edge to compel more meaningful climate action and call greenwashing to account, with as many as 3,000 legal challenges filed in more than 55 countries. courts that accuse big polluters of lying about climate change to hamper the energy transition.

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Nature-based solutions key to combatting climate change and biodiversity loss, says Lords

Envirotec Magazine

The House of Lords Science and Technology Committee has written to Alok Sharma MP, President for COP26, citing recent evidence gathered as part of the Committee’s ongoing inquiry into nature-based solutions for climate change.

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Cooking the books: The magical math of ‘climate-friendly’ meat

Corporate Knights

A convoy of tractors was making its way to a Dutch government building in February when Tesla CEO Elon Musk tweeted out his support for farmers revolting against the EU’s regulatory push to drive down climate emissions: “I’m pro-environment, but I support the farmers! Farming has no material effect on climate change.”

Net Zero 364
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Can corporate greenwashing be proven empirically? Maybe.

Environmental News Bits

Read the full story in Anthropocene Magazine. In a first-of-its-kind global assessment, researchers found that having a sustainability board or an official climate-change initiative has little effect or even worsens a company’s carbon emissions.

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Nature charities publish market principles in bid to combat greenwashing

Envirotec Magazine

The current lack of regulation for these emerging markets has led to concerns that poor quality or low ambition schemes could create a ‘wild west’ that allows certain industries or businesses to greenwash, while also missing out on opportunities to maximise benefits for nature and people.