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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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Canada’s Pensions Taking Small Steps to Climate Credibility

Chris Hall

“However, compared to the findings of our inaugural report, we are disappointed to see only incremental progress; Canada’s pension sector is still not on a pathway aligned with the Paris Agreement,” said Britt Runeckles, Pensions Campaigner at Shift, a charity which engages with pension funds and their beneficiaries on climate issues.

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Canadian Pensions Timid on Climate Action

Chris Hall

“However, compared to the findings of our inaugural report, we are disappointed to see only incremental progress; Canada’s pension sector is still not on a pathway aligned with the Paris Agreement,” said Britt Runeckles, Pensions Campaigner at Shift, a charity which engages with pension funds and their beneficiaries on climate issues.

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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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New Climate Rules and Guidance for UK Pensions

Chris Hall

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. Paris alignment. degrees Celsius.

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How Institutional Investors Can Be Involved in Climate Actions

Chris Hall

This resulted in concerns over greenwashing accusations and uncertainty surrounding the interpretation of sustainable investments. Initiatives such as divestment from fossil fuels, engagement with companies on sustainability issues, and the launch of dedicated ESG funds demonstrate their commitment to driving positive change.

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Take Five: From Paris to Dubai, via Bonn

Chris Hall

Perhaps more encouragingly, almost a fifth of shareholders voted in favour of resolutions calling on ExxonMobil and Shell to accurately disclose the role of asset transfers in their reported GHG emissions reductions, which would stop them claiming CO2 cuts from divestments.