Corporate Knights

SEPTEMBER 16, 2022

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . Senator Rosa Galvez is also critical of the regulator ’ s approach.

Banking 361

Banking Greenwashing Net Zero Climate Change 361

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 77

Greenwashing Stranded Assets Banking Net Zero 77

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 57

Greenwashing Stranded Assets Net Zero Banking 57

Chris Hall

APRIL 14, 2023

So let’s set the record straight: these shareholder resolutions call for banks to adopt responsible guardrails for transition financing, and to insure against both greenwashing and over-exposure to risky lending practices. Proponents of the resolutions acknowledge the near-term need for fossil fuels.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

Chris Hall

MAY 27, 2022

The private sector’s ability to accelerate the pace of net zero transition is open to question. Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.

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Net Zero Stranded Assets Paris Agreement Greenwashing 52

We Mean Business Coalition

NOVEMBER 8, 2022

As an example of the scale we are talking about, t he Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to net zero, represents over $130 trillion of private capital. . This means disclosing opportunities and risks. What are the barriers to action?

Net Zero 52

Net Zero Stranded Assets COP26 Greenwashing 52

Chris Hall

OCTOBER 6, 2022

For example, they may request assurance that the company won’t end up with stranded assets.”. Potential evidence of greenwashing. These differences could be evidence of greenwashing.”. Investors need to know how company balance sheets could change if we really are on a path to net zero.

Divestment 52

Divestment Stranded Assets Net Zero Greenwashing 52