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The precedent made it easy for corporations to exclude almost any proposal from their proxy circulars until 2001, when this clause was eliminated as part of a broader set of Canada Business Corporations Act (CBCA) reforms. Do you feel corporate greenwashing has increased or decreased from the 1970s and ’80s?
The Forum for Sustainable Finance is a nonprofit association established in 2001. How high is the risk of greenwashing? As interest in environmental, social and governance sustainability has grown, so as the risk of greenwashing. When did your association start and how does it operate? The membership base is multi-stakeholder.
Securities and Exchange Commission (SEC) announced the adoption of new rules that will require funds with names that suggest an investment focus on ESG or sustainability-related factors to invest at least 80% of the value of assets in accordance with those factors.
Whether you were born in 2001 or 1951, we can all act and turn this ship around. There are more and more solutions available around the world, but beware, some might be some greenwashing. It’s not the case. Am now 41 and I have had my fair share of this myself. Turn this negative energy to action.
To take one UK-based example, when FTSE4Good was launched in 2001, a pioneering benchmark for socially responsible investing (SRI), the focus was on carbon emissions. A linked question is whether the large number of indices could provide cover for greenwashing by unscrupulous businesses or asset managers.
When Jack Welch retired as chairman and CEO of General Electric in 2001, he ended a 20-year tenure that took GE from a valuation of $14 billion to $600 billion, making it the most valuable company in the world. Under Gary Gensler, the SEC is very clearly working to reduce and also police “greenwashing.” (Chris Hondros/Getty Images).
from ratifying the Kyoto Protocol in 2001. Cancelling oil industry greenwash There’s a growing consensus that the PR companies involved in greenwashed campaigns need to be held to account. But as catastrophic wildfires, floods, droughts and hurricanes began to capture the headlines, climate denialism waned.
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