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Is 'net-zero' greenwash?

GreenBiz

Is 'net-zero' greenwash? This year, there has been much ado about zero. It’s becoming hard to read the green media, or even the mainstream media, without seeing new net-zero commitments from companies, governments, institutions and others. Now, net-zero is the flavor of the month. Joel Makower.

Net Zero 436
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New UN panel looks to hold companies, governments accountable for net-zero pledges

Corporate Knights

Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. In many cases, corporations or local governments don’t yet know how they will achieve net-zero status by 2050.

Net Zero 331
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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . Senator Rosa Galvez is also critical of the regulator ’ s approach.

Banking 360
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Is the Competition Bureau's probe into RBC's climate claims a warning to other banks?

Corporate Knights

But Ecojustice lawyer Matt Hulse said Canada’s current regulatory system still requires citizens to play “whack-a-mole” against the behaviour of individual banks, rather than taking a systemic approach to greenwashing and fossil fuel finance. This is disingenuous greenwashing at best, and unlawful at worst.

Banking 287
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If done well, financial regulations play a crucial role in cutting carbon emissions

Corporate Knights

As the Intergovernmental Panel on Climate Change (IPCC) highlighted last week, we are in the midst of a climate emergency. This cannot continue if we are realistically going to achieve the goals of the Paris Agreement and keep global warming below 1.5 ° C. All regulators must be de facto climate regulators.

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Take-off for the Net Zero Transition  

Chris Hall

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. UN Climate Change’s NDC synthesis report found they would collectively only deliver a 5.3% C of climate change by 2100. C of climate change by 2100.

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Progress at last on climate finance at COP27

Corporate Knights

Something significant is happening in the desert in Egypt as countries meet at COP27 , the United Nations summit on climate change. Climate finance has been one of the thorniest issues in global climate negotiations for decades, but I’m seeing four promising signs of progress at COP27. One year on, something is stirring.

Net Zero 246