article thumbnail

EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

Back then, some members of the SIO, the precursor to today’s Responsible Investment Association (RIA), felt the lack of a sustainability label placed the industry at risk of greenwashing. The fear 20 years ago that a green investment label could itself enable greenwashing is now playing out two decades later in Europe.

article thumbnail

U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

The US SIF says this more cautious approach was at least partly triggered by recent US Securities and Exchange Commission (SEC) proposals to crack down on greenwashing by ramping up standards on the names and disclosure requirements for ESG funds. The reports show that assets rose steadily but incrementally between 1995 and 2012 to US$3.7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

EE: There’s a general concern about greenwashing and the dissonance between what many companies say they believe about ESG issues and what they are actually doing. Do you feel corporate greenwashing has increased or decreased from the 1970s and ’80s? And what can investors do about it? He now writes on sustainable business and finance.

article thumbnail

Sofidel Sustainability Specialist To Speak at Clean Buildings Conference 2024

3BL Media

February 29, 2024 /3BL/ - On Tuesday, March 12, Mohamed Abaas, environmental sustainability specialist from Sofidel , will present tips for cutting through greenwashing to improve scope 3 emissions and meet sustainability goals at the Clean Buildings Conference (CBC) in Baltimore. customers since 2012. HORSHAM, Pa., and Europe.

CDP 147
article thumbnail

Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Under the new definitions in 2022, those assets are 14% lower at US$30.3

article thumbnail

Green to the core? Top business schools are drilling sustainability into their core curricula

Corporate Knights

Goodstein established the MBA in 2012, having joined the Bard faculty three years earlier. He sees many approaching sustainability much as large corporations have: first by greenwashing, then by isolating the subject as an elective, then by gradually introducing it into core courses.

article thumbnail

AllianceBernstein: Four Counterpoints to ESG Investing Critics

3BL Media

Greenwashing,” or misrepresenting investment processes and objectives to clients, is a real risk. He joined the firm in 2011 as global technology sector head on the Global/International Research Growth team and was named team lead in early 2012. To be sure, the sustainable investing boom is not without risks.