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Big business puts its industry associations on notice: No more blocking climate policy

Corporate Knights

Today, companies representing 40% of the stock market have committed to science-based targets around reducing their greenhouse gas emissions in line with the Paris Agreement. . Supporting climate action aligned with the Paris Agreement when engaging with policy-makers. These companies are not run by wide-eyed idealists.

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If done well, financial regulations play a crucial role in cutting carbon emissions

Corporate Knights

At the same time, Canada’s financial system continues to pump billions of dollars into fossil fuel developments. This cannot continue if we are realistically going to achieve the goals of the Paris Agreement and keep global warming below 1.5 ° C. A credible climate plan must commit to action that will achieve those targets.

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Greenwashing Managers Must Heed Watchdogs’ Bark

Chris Hall

Asset managers should expect and prepare to be challenged on the sustainability credentials of their ESG-labelled funds as financial markets watchdogs clamp down on greenwashing, according to regulatory experts. . Growing concerns over greenwashing and mislabelling were highlighted in a 2021 report published by think tank InfluenceMap. .

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Hong Kong Launches Taxonomy to Classify Green Activities and Investments

ESG Today

The launch marks the latest in a series of initiatives across jurisdictions to set up a classification system for the definition of sustainable economic activities, including taxonomy systems already established or in development in the EU , UK and Australia.

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SDSN Kenya Co-hosts Carbon Markets Clinic and Debate

Sustainable Development Network

In addition to bringing in Kenyan climate and development researchers from the SDSN Kenya network , we were able to facilitate the active involvement of Kenyan ‘carbon’ farmers through contacts of the SDSN FELD (Food, Environment, Land and Development) Programme.

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Better data is the key to meeting ESG standards

Sustainability Matters

Transitioning to advanced data systems transcends mere compliance; it is a strategic imperative that accelerates our progress towards sustainable development goals. The Australian Competition and Consumer Commission recently found that 57% of 247 businesses surveyed might have engaged in greenwashing through their claims.

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Episode 248: Mastercard CSO, parsing plastics policy, Paris Agreement at 5

GreenBiz

Episode 248: Mastercard CSO, parsing plastics policy, Paris Agreement at 5. Does 2020 mark a turning point for delivering on the Paris Agreement goals? Happy 5th anniversary, Paris Agreement (39:25) . Paris Agreement. Heather Clancy. Fri, 12/11/2020 - 00:10. Week in Review. Stay connected.