Remove 2021 Remove Greenwashing Remove Sustainable Investment
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The 'green label effect' for green bonds is real

Corporate Knights

This imbalance squeezed sustainable investment firms like CoPower, which ultimately led to its green bond model winding down. In 2021, these investors accounted for 52 per cent of global assets under management in 2021 a figure expected to jump to nearly 61 per cent by 2030.

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UK Regulator to Test Asset Managers’ ESG Claims for Greenwashing

ESG Today

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has informed asset managers that it will be testing the ESG and sustainable investing claims made in their communications with investors, as part of its efforts to reduce greenwashing risk.

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A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Tue, 02/09/2021 - 02:00. Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. If successfully on stream by summer 2021 as its designers hope, the service should drive not only increased transparency but also increased accountability.

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Australia Court Fines Mercer $7.4 Million for Misleading Sustainable Investment Claims

ESG Today

million) penalty for making false claims about some of its sustainable investment options. The ASIC suit formed part of a series of a series of greenwashing-focused actions by the regulator, including cases against superannuation fund Active Super and Vanguard Investments. million ($USD7.4

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When it comes to social and environmental justice, words don’t cut it

GreenBiz

Wed, 04/28/2021 - 00:05. Because today’s stakeholders are fed up and armed with social media, and they will call a company out for greenwashing or an opportunistic antiracist tweet. When it comes to social and environmental justice, words don’t cut it. Not so long ago, business was business.

Banking 545
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Australia Court Finds Vanguard Guilty in Greenwashing Suit

ESG Today

The cases follow a warning by ASIC Chair Joseph Longo to providers of investment funds and financial products that the regulator was watching out for misleading sustainability claims, and that it was providing guidance for fund managers and issuers to keep clear of greenwashing.

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Australia Court Fines Vanguard Record $12.9 Million Over Misleading Sustainable Investing Claims

ESG Today

The suit by ASIC forms part of a series of greenwashing-focused actions by the regulator, including cases against Marsh McLennan company Mercer Superannuation and superannuation fund Active Super. Greenwashing is a serious threat to the integrity of the Australian financial system, and remains an enforcement priority for ASIC.”