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Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. where the tighter definitions have been felt most. “We

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Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

The future lies in impact investing. Even if we quickly agree on disclosure frameworks and measurements around biodiversity, disclosures that are voluntary and not supported by regulation are vulnerable to greenwashing which is widespread in the ESG space.

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Redefining ‘Business as Usual’: Three Ways to Overcome Barriers to ESG and Climate Finance

James Militzer

Meanwhile, most people – 79% overall and 90% of investors under age 45 – say they want to invest in socially and environmentally friendly ways. Whether it involves misleading information or misinformation, this lack of transparency has a real impact on companies that truly are adopting sustainable approaches.

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Take Five: Into the Stratosphere

Chris Hall

The European Markets and Securities Authority (ESMA) released an analysis that noted the “absence of harmonised and standardised reporting requirements” for private sector actors against SDG targets, and concluded that most funds claiming to contribute to SDGs neither explained clearly how they aligned, nor invested any differently to non-SDG funds.

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ING’s SDG Fund Champions “Impactful” Investment

Chris Hall

ING Asset Management’s new SDG Impact Strategy will provide clients with exposure to companies that contribute specifically to the 17 UN Sustainable Development Goals (SDGs), responding to strong demand for ‘dark greeninvestments.

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From Rhetoric to Practice

Chris Hall

This not only creates considerable confusion among investors but exposes them to accusations of greenwashing, as well as the risk of holding investments that are not aligned with their own ESD/SDG requirements. The post From Rhetoric to Practice appeared first on ESG Investor.

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China’s ESG Policy Dash  

Chris Hall

Currently, there is no clear definition of what constitutes a “greeninvestment, which has led to a proliferation of green bonds that are not truly environmentally friendly.” ChinaSIF estimates that the size of China’s ESG market in 2022 was RMB 24.6 trillion (US$3.57 trillion) growing from RMB 18.4 trillion in 2021.

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