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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion at the end of 2021 from US$17.1

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. The post Canada is falling behind in global race to attract sustainable investments: Guilbeault appeared first on Corporate Knights.

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Impact Cubed's New EU Taxonomy Solution Provides Global Insights Into Green Investments

3BL Media

These new rules, intended to counteract greenwashing, spell out the criteria for a green investment and require market participants to disclose how they are aligned with them. The outcome is a seamless approach to customized sustainable investing. Media Contact: Arleta Majoch, COO Impact Cubed Arleta@impact-cubed.com.

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UK Launches “Green Nudge” Initiative to Encourage Sustainable Investment Choices

ESG Today

The UK government’s Department for Works and Pensions (DWP) announced today the launch of “Green Nudge”, a new three-week trial aimed at encouraging pension savers to make green investment choices and increase engagement on the sustainability of pension investments.

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How the US Is Running Away with Green Investment

Chris Hall

With the looming Paris Agreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainable investment. The UK, meanwhile, is trailing behind in terms of green investment.

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European Lawmakers Defeat Move to Keep Nuclear and Gas out of Green Investment Taxonomy

ESG Today

Sustainability-focused and sustainable investment groups reacted to the vote with disappointment. Branding fossil gas as transitional and green in the Taxonomy is unlawful as it clashes with the EU’s key climate legislation, including the European Climate Law and the Taxonomy regulation itself.”.

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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. Sustainable Investment Forum (U.S. trillion. “We Maria Lettini, CEO of the U.S.