This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Where once there were claims about the companies working together to reduce their absolute emissions by 22 million tons (Mt) annually by 2030, and to net-zero by 2050, there is now a statement that Pathways is “focused on advancing environmental innovation and pursuing emissions efficiencies from our oil sands operations”.
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.
This has included legislating a 2050 netzero 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.
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.
While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).
WRAP launched its first voluntary agreement in 2005 and has since expanded its programme to address food and drink, plastic pollution, and fashion and textiles. A Target-Measure-Act approach, developed by WRAP, ensures rigorous evaluation of progress, giving transparent and publicly reported updates against targets to avoid greenwashing.”
Responsible investment opportunities received a further boost earlier this year with the election of a new government committed to transitioning Australia toward a low-carbon economy in line with an accelerated netzero pathway. which has now been approved by federal parliament. Thematic variations.
This year, Canada introduced its 2030 Emissions Reduction Plan , which aims to achieve 40-45% emissions reductions below 2005 levels by 2030. C, clarifying fiduciary duty, and strengthening advertising rules to deter greenwashing. Since 2019, every jurisdiction in Canada has imposed a price on carbon pollution.
Only by moving from averages to actuals audited at reasonable assurance can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet. Accenture is helping organizations achieve their net-zero and sustainability targets in a rapidly evolving regulatory landscape.
It helps to address concerns over greenwashing and the haphazard nature of ESG data. AEP completes its largest wind farm and sets the course to rapidly increase renewables in an effort to hit netzero goals. Target tests its first netzero prototype store in California, which is planned to deliver a 10% energy surplus each year.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content