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Switzerland to Address Greenwashing with Sustainable Investment Label Rules

ESG Today

The Council stated that the proposals form part of efforts to prevent greenwashing, or the mischaracterization or exaggeration of the sustainability characteristics and attributes of financial products and services. Click here to access the greenwashing position paper and the sustainable finance report.

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Investors Caught Between Greenwashing and Green Blushing

Chris Hall

The global investment community is walking a “tightrope” between greenwashing and green blushing as it strives to stay abreast of regulatory developments that continuously ramp up accountability on sustainable investing, industry sources have sad.

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Say What You Mean: How To Use the Jargon of Energy Transition Correctly

3BL Media

Definition. Bill MacDonald , Energy Transition Leader for Antea Group USA, offers a concise definition of energy transition: “A period of energy transition is defined by the adoption of a new primary energy system. Definition. Definition. Definition. Energy Transition. Low-Carbon. Decarbonization.

Net Zero 130
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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Financial institutions and market participants will be able to refer to a common set of definitions under the CGT to facilitate sustainable development in markets covered by the CGT. The proposed guidance is designed to help firms better understand the FCA’s expectations under the anti-greenwashing rule and other associated requirements.

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Investors Seek Clarity on Banks’ Green Finance

Chris Hall

I ndustry-wide issue Last November , research from ShareAction found that Europe’s top 20 banks – including HSBC – successfully promoted their green finance credentials, but lacked transparency on green finance activity, leaving them and their investors exposed to greenwashing allegations. “

Banking 59
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How the garment industry has (and hasn’t) changed 10 years after the Rana Plaza disaster

Corporate Knights

Each is a mind bomb (a term coined by late, great Greenpeace co-founder Bob Hunter) , marking, for many of us, a definitive before the collapse and after. The majority of global brands remain unsigned and continue to abide by their own internal policies, obligated only to enact voluntary remediation efforts in the event of violations.

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Climate Science Vital to “Fill the Gaps” in Scenario Analysis

Chris Hall

Masseri added that NGFS scenarios are not built to deal with “extreme risk” – catastrophic outcomes associated with lower probability events or fat-tailed distributions – meaning they are prone to underestimating the impact of climate change.