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ESG isn’t a scam. Here’s why.

Corporate Knights

Tariq Fancy, former BlackRock chief investment officer for sustainable investing, in a recent TEDx talk called fossil fuel divestment a placebo, equating it to giving wheatgrass juice to a cancer patient. These comments also show that there is a massive skills gap in the sustainable investment industry.

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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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94% of Investors Say Corporate Sustainability Reporting Contains Unsupported Claims: PwC

ESG Today

Similarly, 69% of investors reported that they would increase their investments in companies that successfully manage sustainability issues relevant to the business’s performance and prospects, and 67% would increase investment in companies that change their business conduct to have a beneficial impact on society or the environment.

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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. And citizens and consumers will have the kind of granular information they need to more effectively target the decision-makers and brands standing in the way of a sustainable future.

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Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. The decision to rebrand a fund often raises eyebrows, with investors “intuitively suspicious” of the activity due to greenwashing concerns among others.

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Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

Corporate Knights

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks.

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How Institutional Investors Can Be Involved in Climate Actions

Chris Hall

Article 9 funds are considered the most sustainable, requiring portfolios with 100 per cent sustainable investments. The advantages of Article 9 funds lie in their ability to provide clear signals to investors regarding their commitment to sustainability.