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Net zero transition – the latest signals of change: June 9, 2023

We Mean Business Coalition

Net zero signals of change this week include billions of euros for industrial decarbonization in Germany. Net Zero Economy / Finance The European Securities and Markets Authority (ESMA) has published a new report that helps to define ‘greenwashing’ from the authority’s point of view.

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Canada’s Pensions Taking Small Steps to Climate Credibility

Chris Hall

trillion (US$1.6 Most – but not all – of these funds have also put in place interim targets.

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New Report Finds Investors View the Quality of Available Climate Data As “Insufficient”, Recommends Broader Use of High Quality, Independent Assurance

3BL Media

Assurance over corporate climate disclosure is critical to prevent greenwashing and ensure that investors can make decisions promoting long-term shareholder value and economic growth.” Editor’s note: Ceres will host a webinar Feb. Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets at Ceres.

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Canadian Pensions Timid on Climate Action

Chris Hall

trillion (US$1.6 Most – but not all – of these funds have also put in place interim targets.

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Deepening Business Climate Action by Centering Community

B the Change

Effective climate action and justice can take many forms, including developing new materials that reduce waste and harm to the Earth, or operating with transparency rather than under the guise of greenwashing. A recent webinar from B Lab U.S. &

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Investors Must Focus on Impact Measurement Tools – ShareAction  

Chris Hall

ShareAction launched a new definition of ‘responsible investment’ in a bid to raise standards across the financial sector and help prevent greenwashing and misleading claims. The first guidance paper has been published this week, on setting interim net zero targets.

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UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

“Drawing from experiences in other regions, the UK has an opportunity to consider various use cases, prioritise them, and tailor the taxonomy to suit these purposes, particularly as it launches its taxonomy consultation in the autumn,” GTAG Member Kate Levick said during a webinar on 8 September.

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