Remove 2018 Remove Greenwashing Remove Paris Agreement
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On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. In its latest status report, the TCFD notes that investor support for its recommendations grew by 85 percent from 2018 to 2019. Disclosure also prevents greenwashing.

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Greenwashing Risk Grows in China ESG Funds

Chris Hall

Greenwashing is a growing risk in the Chinese fund management sector, as marketing of ESG products runs ahead of standards and regulatory oversight, a new report by Greenpeace has found. China falls behind Greenwashing has emerged as a major problem in developed countries over the last decade with the rise of ESG-labelled funds.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects.

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Listen to the Science

Chris Hall

But SBTi’s status as the gold standard for companies serious about decarbonising in line with the Paris Agreement took a serious hit last month after a highly public spat between staff and executives. Major corporate buyers stepped back from purchasing carbon credits as accusations of greenwashing grew.

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Why manufacturing needs data-led sustainability goals

Sustainability Matters

Corporate sustainability goals often align with published, globally endorsed agreements such as those of the Paris Agreement and the United Nation’s Sustainable Development Goals (SDGs). Specifically, the framework centres on a discussion paper that was developed in partnership with the OECD in 2018. Make them personal.

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Oil and Gas Tracker Finds Finance Sector Still Dragging Feet

Chris Hall

New tool identifies greenwashing, finds GFANZ exclusion policies lagging net zero pledges. The tracker detects greenwashing practices in the finance sector, said Director Lucie Pinson. “It Many of the current policies of banks, insurers and investors are “too flawed” to align their businesses with their net zero 1.5°C

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Glencore Abandons Coal Demerger at Investors’ Request

Chris Hall

In the statement it referred to metallurgical coal as “carbon steel materials”, drawing accusations of greenwashing. Rio Tinto , meanwhile, sold its last coal mines – both thermal and metallurgical – in 2018, and now produces no fossil fuels. BHP sold its oil and gas business to Woodside in 2022 in an all-share deal.