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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Airlines have faced "flygskam" — or flight shame — which has seen some travelers shun air travel, heightening pressure for the sector to demonstrate that it can develop a flight path to net-zero emissions. Michael Holder. Mon, 11/30/2020 - 01:00.

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

We had developed a strong methodology of research and engagement with companies, regulators and governments for work on a range of issues. For example, we developed a significant investor presence on issues of forest land management. Do you feel corporate greenwashing has increased or decreased from the 1970s and ’80s?

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UK FCA Warns on Green Fund Label Abuse

Chris Hall

The FCA said it intends to “develop and implement labels to build on existing work under other domestic and international initiatives by industry and official sector initiatives”. A number of asset managers have revised the categorisation of their funds under SFDR, in light of further regulatory guidance, to avoid claims of greenwashing. .

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ESG Explainer: Engaging with Reality

Chris Hall

The effectiveness of asset owner and manager actions in tackling greenwashing by companies is seen as critical to the low-carbon transition. Reclaim Finance notes a “growing trend” within the investor community to condemn exclusion and divestment from heavy emitters as both “unrealistic and ineffective” tools to decarbonise the economy.

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ICYMI, Governments and Regulators are Making the Running

Chris Hall

Alongside the progress of a bill in California calling for fossil fuel divestment by public-sector pensions, and the SEC’s plans for climate-risk disclosures , this new assault on greenwashing moves US policy closer to its European counterparts, where fund disclosure rules are already reshaping the market.

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Empowering Young Leaders to Solve the World’s Energy Challenges: Insights From Nine Business Case Studies Highlight Paths to a Sustainable Future

James Militzer

And the recent resurgence of nuclear energy in the developed world reminds us that reliable, efficient, low-carbon power options already exist — though the nuclear power industry will require new, innovative technologies if it hopes to gain a foothold in the developing world.

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Investing in Transitional Issuers

Chris Hall

Pressure to divest is commonly applied by ESG-conscious investors who no longer want to be associated with these companies or fund them. However, in practice, divestment is not the best strategy to enact change or to have a meaningful impact.