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Canada's greenwashing law has been a major reality check for the oil lobby

Corporate Knights

In any case, even after many years of work in this area, only very modest gains in emissions intensity have been achieved – and oil sands’ absolute emissions have grown 142% since 2005. The post Canada's greenwashing law has been a major reality check for the oil lobby appeared first on Corporate Knights. Then came the threats.

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

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. . The post Advocates urge regulation of banks’ climate commitments to avoid greenwashing appeared first on Corporate Knights.

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How these oil and gas players are undermining climate action in Canada

Corporate Knights

Earlier this month, Environmental Defence launched its “Canada’s climate villains” campaign , using graphic-novelesque illustrations and monikers like “Toxic Traitor” and “Ruthless Greenwasher. Last year, it committed to cut emissions by 40 to 45% below 2005 levels by 2030.

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Australia to Issue Inaugural Green Bond

ESG Today

In addition to the new green bond initiative, the government outlined a number of commitments aimed at advancing the development of a sustainable finance market, including backing the development of a sustainable finance taxonomy and efforts to tackle greenwashing.

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Australian Investors Demand Greater Adaptation Action

Chris Hall

This has included legislating a 2050 net zero target and setting a legally-binding target to reduce emissions by 43% by 2030 below 2005 levels. The report also found that greenwashing had overtaken performance concerns as the pre-eminent barrier to responsible investing.

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Industry Leaders Convene in Dublin for the First The Consumer Goods Forum Global Summit Since 2019

3BL Media

When our rhetoric gets ahead of our action, that is greenwashing”, he said. All of the CEOs emphasised the importance of backing up goals and messaging with genuine action, but Alan Jope made this most explicit. And that’s why we firmly believe that we need to walk the walk before we talk the talk.”.

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A Level Playing Field for Green Claims

Chris Hall

Dr Torsten Schwarze, Partner at Morgan Lewis, explains how two EU directives will shape Europe’s legal framework to restrict greenwashing. In this article, we summarise the content of both and explain how they are intended to interact in the EU’s fight against greenwashing.