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Global health organizations shun PR firms that work for fossil fuels

Corporate Knights

Many in the fossil fuel industry have shamelessly greenwashed, even as they have sought to delay climate action – with lobbying, legal threats and massive ad campaigns. Clean Creatives celebrated a more positive milestone in 2024, as more than 1,000 PR agencies pledged to divest from fossil fuels.

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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. Stephen Woodford, CEO of the Advertising Association in the United Kingdom, believes it therefore is becoming increasingly untenable for advertising, PR and lobbying firms to engage in blatant greenwashing on behalf of fossil fuel clients. "I

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New EU Sustainable Fund Naming Rules Could Lead to $40 Billion Divestments: Morningstar

ESG Today

Two-thirds of funds in the EU labelled with sustainable or ESG-related terms may need to sell assets or change their names to align with new anti-greenwashing rules, with stock divestments of as much as $40 billion if all were to keep their names, according to a new report released by investment research firm Morningstar.

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

EE: There’s a general concern about greenwashing and the dissonance between what many companies say they believe about ESG issues and what they are actually doing. Do you feel corporate greenwashing has increased or decreased from the 1970s and ’80s? Both divestment and shareholder action have a role.

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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

From 2021 to May this year, 22 investors, including banks and pension funds, have divested from JBS or its subsidiaries, citing its links to biodiversity loss and governance issues, according to the Financial Exclusion Tracker project. JBS is widely regarded as an ESG pariah.

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A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. Sustainable investments should grow as divestment from carbon-intensive industries intensifies. Faster private- and public-sector innovation to get emissions down should follow.

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Why this investor advocate quit filing oil and gas shareholder proposals

Corporate Knights

The reaction of major Canadian oil and gas companies to new federal anti-greenwashing rules has been telling. Nearly all of these major investors say that they are “engaging” with high-carbon investees in their portfolios in order to advance net-zero, setting this up as a binary choice against divestment.

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