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Origin looks to renewables and storage for climate plan, but greenwashes gas

Renew Economy

Origin Energy's first Climate Action Transition Plan has some definite positives, but is coming under fire for greenwashing gas out of its 2030 targets. The post Origin looks to renewables and storage for climate plan, but greenwashes gas appeared first on RenewEconomy.

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Why We Need a Legal Definition for ‘Greenwashing’

Impakter

Impakter Why We Need a Legal Definition for ‘Greenwashing’ The European Union (EU) could soon implement harsher regulations on what companies can get away with when they claim to be greener than they actually are, according to a leaked new EU draft greenwashing law seen by Bloomberg. Alice Chapman

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ICMA: EU regulators' greenwashing definition 'unhelpful'

Environmental Finance

The International Capital Market Association (ICMA) has described the initial 'greenwashing' definition proposed by EU regulators as "excessively broad" and "unhelpful" towards developing regulatory approaches to the issue.

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CFA Institute, PRI, GSIA Issue Harmonized Definitions for Sustainable Investing

ESG Today

By unifying around common definitions, we support our signatories and members to communicate with confidence.” Each of the terms are provided with a definition and a detailed explanation, as well as a list of terms that served as the primary inputs and reference points, and guidance for using the terms in practice.

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. Mary Robinson, the Canadian Responsible Investment Association Accusations of greenwashing grew along with this expansion.

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Advocates blast RBC's new climate targets as 'greenwashing'

Corporate Knights

There’s a dictionary-official definition for RBC’s climate targets: it’s called greenwashing,” said Richard Brooks, climate finance program director at Stand.earth. The post Advocates blast RBC's new climate targets as 'greenwashing' appeared first on Corporate Knights. Read the original article.

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RBC shareholder resolution confronts greenwashing loopholes in ‘sustainable debt’

Corporate Knights

While linking corporate debt to sustainability targets sounds like a great way of incentivizing companies to make environmental, social and governance (ESG) improvements, a lack of standardized rules has quickly opened the door to greenwashing, with some companies using the funds to continue business as usual with little ESG impact. .