ESG Today

JUNE 5, 2023

Key sources of greenwashing risk identified by the regulators included claims about sustainability impact and company engagement made by asset managers, litigation risk related to misleading ESG claims made by banks, and misleading product claims by pension and insurance providers.

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GreenBiz

NOVEMBER 30, 2020

Yet that is precisely where the industry has found itself, after a new grassroots campaign — Clean Creatives — launched this month in the United States, aimed at pressuring advertising, PR and public affairs agencies to end what it regards as "greenwashing and misinformation campaigns that help delay climate action.". It is a big business.

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ESG Today

MAY 31, 2023

The lawsuit comes as companies globally face increasing scrutiny of their environmental sustainability claims, with consumers and regulators increasingly on the lookout for greenwashing, or claims that exaggerate or misrepresent the impact or sustainability profile of products and business operations.

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ESG Today

OCTOBER 3, 2023

The greenwashing case was brought by Austria’s Association for Consumer Information (VKI). Sustainable aviation fuel is seen as one of the key tools to help decarbonize the aviation industry, which currently accounts for 2-3% of global greenhouse gas (GHG) emissions. between Vienna and Venice.

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ESG Today

JUNE 21, 2023

The colloquial term for this phenomenon, particularly as it relates to sustainability, is greenwashing, and it’s far from novel. Here’s a quick rundown: Greenwashing is a practice used by businesses to represent themselves as more sustainable than they truly are. Greenhushing refers to a company’s refusal to publicize ESG information.

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Greenwashing Principal Adverse Impact Indicators Carbon Offsets Net Zero 116

ESG Today

JUNE 17, 2024

The European Council today announced today that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services.

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Utiliity Dive

MARCH 22, 2023

Burning hydrogen in power plants is no silver bullet for meeting decarbonization goals, in part because leaks could lead to higher levels of methane, a potent greenhouse gas.

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ESG Today

JANUARY 27, 2025

The new fund will invest in companies related to materials that are essential for the low carbon transition and opportunities created by decarbonizing materials supply. Hambro added: We are targeting what we believe to be an overlooked segment of the value chain for lower carbon technologies.

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ESG Today

OCTOBER 9, 2023

The European Council today announced the adoption of two pieces of legislation today, including a directive to nearly double the share of renewable energy consumption in the EU by 2030, and a law aimed at decarbonizing the aviation sector by accelerating the adoption of sustainable aviation fuel (SAF).

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Corporate Knights

MAY 31, 2022

Pence was speaking at an oil and gas conference where executives are being asked tough questions by investors looking to decarbonize their portfolios. Profit maximization is still the end goal, so sustainable investors need to expect greenwashing and do their homework before buying in.

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ESG Today

FEBRUARY 1, 2023

The post Corporate Decarbonization, Supportive Policy to Drive 2023 Rebound in Sustainable Bond Market: Moody’s appeared first on ESG Today. Moody’s forecasts the GSSS bond market to grow 10% in 2023 to issuance of $950 billion, after declining 18% in 2022 to $862 billion, from a record $1.05 trillion in 2021.

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ESG Today

JUNE 23, 2024

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Purchases Carbon Credits Helping U.S.

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ESG Today

JUNE 30, 2024

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

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Corporate Knights

JULY 3, 2024

NDP MP Matthew Green asked RBC CEO Dave McKay, “When will you stop the greenwashing and double speak with climate plans when really you’re the companies pouring fuel on the fire?” When will you stop the greenwashing and double speak with climate plans when really you’re the companies pouring fuel on the fire?

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Banking Greenwashing Net Zero Sustainable Investment 241

Corporate Knights

OCTOBER 17, 2022

Our $523-billion national pension manager is making big promises to decarbonize its portfolio by making large investments in climate solutions, pledging to report its absolute emissions, and using its influence and capital to help transition high-carbon industries. .

Net Zero 363

Net Zero Sustainable Investment Zero Carbon Greenwashing 363

ESG Today

JANUARY 27, 2025

administration may have a dampening effect on global climate action, clean energy investments will continue in other countries to support decarbonization and energy security. Moodys noted that even as the new U.S. Moreover, Moodys does not anticipate a significant decline in U.S.

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ESG Today

SEPTEMBER 29, 2024

boards lose focus on ESG, say it’s not the same as sustainability; Microsoft to restart Three-Mile Island nuclear plant to decarbonize data centers; IFRS launches guide for voluntary application of ISSB sustainability reporting standards; Brookfield raises $2.4 This week in ESG news: U.S. This week in ESG news: U.S.

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ESG Today

MARCH 23, 2025

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 (..)

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ESG Today

OCTOBER 1, 2023

Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects

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Chief Sustainability Officer Greenwashing Supply Chain Supply Chains 119

ESG Today

DECEMBER 17, 2023

This week in ESG news: COP28 ends with first-ever agreement to transition away from fossil fuels; BlackRock identifies the low carbon transition as a 2024 investment “mega force”; BCG signs 15-year deal to capture carbon from atmosphere; EU lawmakers reach landmark deal on law to address human rights & environmental impact in corporate value chains; (..)

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Greenwashing Decarbonize Supply Chain Supply Chains 116

ESG Today

JUNE 11, 2023

This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S. This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S.

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Greenwashing Decarbonize Banking Net Zero 99

ESG Today

JUNE 16, 2024

This week in ESG news: 100% of large companies expect to be required to report on sustainability, but less than a third are ready for ESG data assurance, KPMG finds; Microsoft buys nearly 1 million tons of nature-based carbon removal credits; BlackRock launches new suite of low carbon transition ETFs; GRI launches standards to report on company impact (..)

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ESG Today

OCTOBER 30, 2022

Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. UK Regulator Targets Greenwashing with New Sustainable Investment Labels and Disclosure Rules. Greenwashing Top of Mind for Execs, as War & Inflation Threaten Corporate Climate Progress: Deloitte. Government & Regulators. Operations.

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Greenwashing Decarbonize Supply Chain Supply Chains 119

3BL Media

JULY 17, 2024

This cap serves as a catalyst for decarbonization, so that regulated participants either strive to avoid purchasing additional allowances or ultimately pay increased prices for securing them. CCMs offer these voluntary decarbonizers a great deal of certainty.

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GreenBiz

MARCH 22, 2021

In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. But offsetting is seen as transitional — and controversial: Some critics view it as greenwash.

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Corporate Knights

JULY 28, 2023

Then there is the world’s leading fossil fuel project financier — the Royal Bank of Canada — and its push for increased Canadian LNG production , the latest in a regrettable stream of greenwashing exercises. LNG is not a climate solution in a world that desperately needs to decarbonize as quickly as possible.

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Greenwashing Climate Change Decarbonize Banking 246

ESG Today

OCTOBER 13, 2024

Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Solar PV Manufacturing Capacity Green Data Center Solutions Provider Submer Raises $55.5

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3BL Media

OCTOBER 4, 2024

Companies are operationalizing sustainable practices in regenerative landscapes, decarbonization of transportation, and scaling innovative consumer products The momentum is palpable with committed companies and organizations. The Good News: Action is happening at scale!

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Corporate Knights

JANUARY 17, 2023

Neste is well aware of the aviation industry’s epic decarbonization difficulties and is gambling its whole future on transportation biofuels. Decarbonization is the biggest challenge the aviation industry has ever faced,” the airline group’s Canadian chief executive, Ben Smith, said in a statement when announcing the Neste purchase.

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Corporate Knights

JUNE 14, 2022

In some instances, they may amount to so-called ‘greenwashing’ with consumers effectively being deluded into thinking their ‘energy efficient’ home represents a better outcome for the environment.”. Thousands of structures that earned high EPC ratings were still emitting lots of carbon due to shortcomings in the ranking system. “In

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ESG Today

MAY 21, 2023

This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbon offsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)

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Chief Sustainability Officer Carbon Offsets Greenwashing Decarbonize 111

James Militzer

SEPTEMBER 4, 2024

However, it’s difficult to gather reliable data on these emissions, and without solid evidence, this reporting can be an exercise in greenwashing. Such a regulatory and reporting environment will ensure that organisations cannot simply greenwash their way to a better public image. Blockchain-supported platforms allow them to do that.

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ESG Today

JUNE 28, 2024

The International Organization for Standardization (ISO) announced that it has commenced work on the development of a new international standard on net zero, aimed at providing clarity and credibility to organizations’ net zero targets and strategies, and to guard against greenwashing.

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ESG Today

JULY 2, 2023

This week in ESG news: IFRS releases global sustainability and climate reporting standards; Australia to introduce mandatory climate disclosure beginning 2024; AstraZeneca announces $400 million reforestation and biodiversity investment; IBM survey finds surge in CEOs with pay tied to ESG goals; UK environment minister quits over government’s climate (..)

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Greenwashing Net Zero Decarbonize Shipping 105

Corporate Knights

MARCH 7, 2023

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition. The EU’s taxonomy has been particularly controversial because of its inclusion of natural gas and nuclear as “green investments.”

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Corporate Knights

MAY 3, 2023

Why investors rejected Teck Resource’s proposal Writing before last week’s vote, Globe and Mail columnist Eric Reguly didn’t mince words, calling the proposal to split the company blatant greenwashing. “Teck unveiled a have-your-cake-and-eat-it-too deal that makes a mockery of the environmental, social and corporate governance [ESG] strategy that (..)

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Shipping Greenwashing Decarbonize Development 336

ESG Today

FEBRUARY 5, 2023

This week in ESG news: EU launches green industrial plan to counter US Inflation Reduction Act; California lawmakers propose rule requiring full value chain emissions disclosure from companies; survey finds large majority of companies boosting spend this year on sustainability initiatives despite headwinds; Amazon sets corporate renewable energy record; (..)

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Net Zero Greenwashing Analytics Decarbonize 98