ESG Today

DECEMBER 21, 2022

Financial products and funds labelled as ‘sustainable,’ green,’ or ‘ESG’ on Swiss financial markets will be required to align or contribute to specific sustainability goals, with providers required to disclose how they intend to achieve the goals, according to new proposed rules unveiled by the Swiss Federal Council.

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ESG Today

JUNE 22, 2025

This week in ESG news: EU’s EFRAG set to reduce CSRD sustainability reporting datapoints by 50%; Australia launches sustainable finance taxonomy; U.S.

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ESG Today

NOVEMBER 28, 2023

According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.

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ESG Today

OCTOBER 25, 2022

The FCA’s initiative forms part of a series of moves by regulators globally to address greenwashing risk with clearer investment product labels and disclosures, including a proposal by the U.S.’ Consumers must be confident when products claim to be sustainable that they actually are.

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ESG Today

NOVEMBER 15, 2022

Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs) announced today a Call for Evidence on greenwashing, aimed at gathering information on greenwashing risks and practices across the banking, insurance and financial markets sectors.

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Corporate Knights

JUNE 13, 2023

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The conference was held at an important time for the responsible investment industry in Canada and around the world.

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ESG Today

NOVEMBER 10, 2024

This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR (..)

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ESG Today

JULY 6, 2025

This week in ESG news: European Commission proposes cutting emissions 90% by 2040, includes role for carbon credits in target; Microsoft signs new 1 million ton+ carbon removal deal; companies, investors campaign to keep EU sustainable reporting rules intact; JPMorgan tokenizes carbon credits; Nestlé scales program to boost cocoa supply chain sustainability; (..)

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ESG Today

MAY 15, 2023

The report also found that barely any funds labelled as ‘sustainable’ would meet the proposed fund naming rules across the EU, UK and U.S. Other regulators have also recently announced similar proposals aimed at addressing greenwashing risk in fund names, including the UK’s FCA and the US’ SEC.

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ESG Today

FEBRUARY 7, 2023

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has informed asset managers that it will be testing the ESG and sustainable investing claims made in their communications with investors, as part of its efforts to reduce greenwashing risk.

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Corporate Knights

NOVEMBER 2, 2023

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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Corporate Knights

MARCH 7, 2025

This imbalance squeezed sustainable investment firms like CoPower, which ultimately led to its green bond model winding down. Those who had moderately invested in stocks, had none to high levels of experience investing in bonds. Low interest rates made it difficult to balance investor returns with lending profits.

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ESG Today

NOVEMBER 3, 2024

million pounds of plastic from flights; KKR, ECP to invest $50 billion in datacenter capacity and power generation; law firms ramp up ESG training for lawyers; capital raises for sustainable heating, industrial decarbonization, energy sector emissions solutions, and more.

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ESG Today

AUGUST 2, 2024

million) penalty for making false claims about some of its sustainable investment options. The ASIC suit formed part of a series of a series of greenwashing-focused actions by the regulator, including cases against superannuation fund Active Super and Vanguard Investments. million ($USD7.4

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ESG Today

FEBRUARY 28, 2023

Sarah Court, ASIC Deputy Chair, said: “There is increased demand for sustainability-related financial products, and with that comes the growing risk of misleading marketing and greenwashing. If financial products make sustainable investment claims to investors and potential investors, they need to reflect the true position.”

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ESG Today

OCTOBER 25, 2023

Switzerland’s Federal Department of Finance (FDF) announced today that it will proceed with plans to propose regulations to address greenwashing in the financial sector, including investment and disclosure rules for financial products using labels such as ‘sustainable,’ green,’ or ‘ESG.’

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ESG Today

MAY 2, 2023

The Australian Securities & Investments Commission (ASIC) Australia’s corporate, markets, and financial services regulator, announced today that it issued an infringement notice to superannuation fund promoter, Future Super, over alleged greenwashing by the company in a social media post.

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Corporate Knights

MAY 31, 2022

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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ESG Today

JANUARY 30, 2024

The survey found that over 77% of investors reported being interested in sustainable investing, including 40% who are “very interested,” while 57% said that their interest has increased over the past two years, and 54% expect to increase the percentage of their portfolios allocated to sustainable investments within the next 12 months.

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ESG Today

JUNE 5, 2023

Key sources of greenwashing risk identified by the regulators included claims about sustainability impact and company engagement made by asset managers, litigation risk related to misleading ESG claims made by banks, and misleading product claims by pension and insurance providers.

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Chris Hall

JANUARY 31, 2023

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”

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Corporate Knights

MARCH 13, 2024

Sustainable Investment Forum, in a statement. vice-president and co-founder of sustainable asset firm Generation Investment Management. “But

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ESG Today

APRIL 24, 2024

Sacha Sadan, FCA’s Director of Environmental, Social and Governance, said: “Confirming the new anti-greenwashing guidance and our proposals to extend the Sustainability Disclosure Requirements and investment labels regime are important milestones that maintain the UK’s place at the forefront of sustainable investment.

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Corporate Knights

AUGUST 13, 2024

Ashley Thomson, Global Witness’s US Senior Policy Advisor Similar concerns have also been raised by Tariq Fancy, BlackRock’s former sustainable investment chief, who criticised the firm for “misleading investors” by using the ESG label, calling it a “dangerous placebo”.

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ESG Today

MARCH 28, 2024

The cases follow a warning by ASIC Chair Joseph Longo to providers of investment funds and financial products that the regulator was watching out for misleading sustainability claims, and that it was providing guidance for fund managers and issuers to keep clear of greenwashing.

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ESG Today

JUNE 15, 2025

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon Signs 1.9 to Look for Climate Investment Opportunities: Survey Guest Post – The Sustainability Crossroads: 3 Issues Investors Cannot Ignore

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ESG Today

JUNE 5, 2024

Increased supervisory actions and better access to data and other resources will be required to address growing greenwashing risks at banks, investment firms and insurance companies, according to new reports released by Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs).

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3BL Media

MARCH 5, 2024

The survey was conducted by Morgan Stanley Wealth Management and the Institute for Sustainable Investing. The majority of participants expressed the desire to have their investments help to advance positive environmental and social impact. 84% of individual investors “are keen on sustainable investing."

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3BL Media

APRIL 19, 2022

Jordan Locke, a recruitment consultant in Acre's Global Sustainable Finance & Impact Investing Team, sat down with Business Insider alongside a group of industry experts to discuss the current ESG talent shortage, ‘greenwashing’ and the rapid pace of change. . Greenwashing kind of falls into that same skepticism.

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ESG Today

JULY 1, 2024

Investment management firm Fidelity International announced that it has revised its sustainable investing framework, launching a new 3-tiered system categorizing funds by their level of ESG integration, citing an evolving ESG client and regulatory landscape.

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3BL Media

MARCH 29, 2022

DESCRIPTION: LONDON, March 30, 2022 /3BL Media/ - Impact Cubed, a leading provider of ESG data and sustainable investment solutions, has launched new tools on its automated platform so investors can see into fund holdings, measure impact, and report to regulators. The outcome is a seamless approach to customized sustainable investing.

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ESG Today

JUNE 19, 2024

Switzerland’s Federal Council announced today that it will hold off on regulating greenwashing in the financial sector, allowing instead for the industry to monitor itself, following progress made by the sector’s associations in developing and implementing self-regulatory provisions.

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GreenBiz

FEBRUARY 9, 2021

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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ESG Today

JULY 27, 2022

Regulators, and in particular the EU, have increased the level of disclosure as regards sustainable investing through the SFDR/Taxonomy/NFDR/CSRD etc. Firstly transparent disclosure makes it harder for investment managers to “greenwash” their products and fool investors that they are following altruistic goals.

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ESG Today

JULY 13, 2025

This week in ESG news: Mars launches $250 million sustainability solutions fund, ties exec compensation to climate goals; EU proposes major simplification of sustainability taxonomy; Google turns the corner on data center emissions, but supply chain drags carbon footprint higher; revised European Sustainability Reporting Standards may cut datapoints (..)

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ESG Today

FEBRUARY 13, 2023

The regulation includes classification levels for sustainability-focused investment funds, including ‘Article 8’ funds that “promote environmental or social characteristics or a combination of those characteristics,” and the more stringent ‘Article 9’ funds, “which have sustainable investment as their objective.”

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ESG Today

APRIL 30, 2025

While the initial SDR was developed primarily for retail investors, the new proposal would extend the requirements to firms that manage a group of investments for consumers, with a focus on wealth management services for individuals and model portfolios for retail investors.

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