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Delta Hit with Greenwashing Lawsuit over Carbon Neutrality Claims

ESG Today

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: Week in Review

ESG Today

Billion Green Bond Private Equity & Venture Capital JPMorgan Builds Out Sustainable Growth Private Equity Team ESG Data Startup Atlas Metrics Raises €5.2 Million to Build Out Platform Sustainable Protein Company Unibio Announces $70 Million Investment from SIIG Exec Moves Mirova Appoints Zineb Bennani as U.S.

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Aviation is plotting a sustainable course

GreenBiz

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. aviation sector to achieve a 35 percent reduction in carbon emissions by 2035 and net zero emissions by 2050.

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ESG Issues to Increase Credit Risk in 2023: Moody’s

ESG Today

On the decarbonization front, Moody’s highlights the pressures likely to face sectors that are highly exposed to carbon transition risks that have yet to disclose detailed transition plans, such as oil and gas, mining and agriculture. Click here to access Moody’s 2023 ESG Outlook.

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Academia, Cities, and the Private Sector Gather to Discuss "Systems Transformations for a 1.5 Degree World" alongside Global Climate Summit COP25

Sustainable Development Network

This year's event built off the learning from the SDSN's Roadmap to 2050 A Manual for National to Decarbonize by Mid-Century report published in partnership with Fondazione Eni Enrico Mattei (FEEM). The event’s panels on the first day were focused on the decarbonization of the power, transport, industry, and buildings sectors.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Net zero transition – the latest signals of change: June 9, 2023

We Mean Business Coalition

Net zero signals of change this week include billions of euros for industrial decarbonization in Germany. Net Zero Economy / Finance The European Securities and Markets Authority (ESMA) has published a new report that helps to define ‘greenwashing’ from the authority’s point of view.