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

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion in 2020 from US$6.6

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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. Sustainable Investment Forum (U.S. between 2020 and 2022. trillion. “We

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Canadian pension funds are starting to embrace the green transition

Corporate Knights

The amount of these pension funds’ actual investments labelled as “sustainable” rose to $276 billion in 2021, up from just $163 billion a year earlier. The dashboard shows that sustainable investments composed nearly 13% of the pension funds’ total assets of $2.2 trillion at the end of 2020.

Net Zero 301
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The Global 100 list: How the world’s most sustainable corporations are driving the green transition

Corporate Knights

Now we can measure this green business exposure for the majority of companies and are able to count annual green investments that run into the trillions, growing six times faster than the economy at large,” Heaps says. When we launched this ranking in 2005, the green economy was a quaint idea.

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New $400 Million Japan Low Carbon Hydrogen Development Fund Backed by Toyota, SMBC, TotalEnergies, Others

ESG Today

The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.

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Green taxonomy proposal may overcome Canada's climate finance impasse

Corporate Knights

The SFAC compiled the report after it assumed responsibility for creating a green taxonomy after the Canadian Standards Association, a non-profit industry body, failed to reach consensus among fossil-fuel and investment-industry representatives in 2020.

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Take Five: Green Means Green

Chris Hall

It had previously been possible to launch an EU environmental opportunities fund, claiming Article 8 classification under the Sustainable Finance Disclosure Regulation (SFDR) , while allocating as little as 10% of assets to demonstrably green investments.