ESG Today

FEBRUARY 5, 2025

The Platform on Sustainable Finance was mandated by the EU Commission in 2023 to enhance the effectiveness of the Taxonomy, by simplifying reporting, improving data access, and ensuring coherence within the wider sustainable finance and regulatory framework.

Climate Change 111

Climate Change Banking Green Investing Sustainable Investment 111

ESG Today

JANUARY 27, 2025

Sustainability-linked bond issuance is anticipated to grow by 14% to $35 billion, but to remain well below 2021-2023 levels, with the market continuing to be pressured by investor scrutiny of the credibility and robustness of the bonds linked sustainability targets.

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Green Bonds Greenwashing Green Investing Social Sustainability 104

Corporate Knights

NOVEMBER 20, 2023

BP, in second place, directed 26% of its investments to green activities in 2022, up from 19%. Shell took third place, with 19%, but quintupled its green investments (in wind, solar, hydrogen and EV charging) over 2021. Suncor invested 10.4% of its capital on green projects in 2022.

Paris Agreement 190

Paris Agreement Net Zero Green Investing Shipping 190

Corporate Knights

DECEMBER 14, 2022

More recently, the European investigative journalism group Follow the Money reported that half of so-called dark green investment funds in Europe permit investments in fossil fuel and aviation companies. Citing greenwashing concerns, regulators have brought greater scrutiny to the ESG industry in the last year.

Sustainable Investment 363

Sustainable Investment Greenwashing Green Investing Development 363

Corporate Knights

JANUARY 16, 2024

Skip to ranking BY Shawn McCarthy January 17, 2024 As 2023 came to a close, the World Meteorological Organization declared it to be the hottest year on record. The company redoubled its efforts to sell its last non-renewable assets and finally sold its gas-fired power plant to Achernar Assets in June 2023. CLIMATE COMMITMENTS 1.5˚C

Manufacturing 363

Manufacturing Banking Sustainable Investment Net Zero 363

ESG Today

MAY 2, 2024

Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded sharply in Q1 2024 over the prior quarter, rising 36% to $281 billion, up from $207 billion in Q4 2023, according to a new report from Moody’s Investors Service.

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Green Bonds Green Investing Social Sustainability Decarbonize 118

Corporate Knights

MARCH 1, 2023

Environmental groups complain that the group is rife with conflicts of interest in setting green investment standards for themselves, given their considerable reliance on oil and gas business. The Canadian sustainable finance council comprises 25 institutions, including banks, pension funds, insurance companies and credit unions.

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Net Zero Climate Change Banking Greenwashing 322

Corporate Knights

MARCH 20, 2024

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems?

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Corporate Knights

NOVEMBER 2, 2023

Larry Fink, the CEO of Blackrock pic.twitter.com/74a7wJCyLl — Steven Guilbeault (@s_guilbeault) November 2, 2023 Indeed, international analysts have rated Canada poorly when it comes to sustainable finance policies and regulations. Who said that? For greenhouse gas reductions alone, the scale of capital required is enormous.

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Sustainable Investment Net Zero Climate Action Tracker Climate Change 205

ESG Today

FEBRUARY 15, 2024

Government estimates indicate that JPY150 trillion (USD$1 trillion) of public and private investment will be needed over the next decade in order to reach the country’s decarbonization goals, with the bulk of the required investments targeting the transformation of industries and the achievement of major improvements in energy efficiency.

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Decarbonize Net Zero Green Investing 118

ESG Today

SEPTEMBER 11, 2023

Investor groups have warned that the government’s recent policy signals have reduced confidence in the its commitments to its climate policies have put the UK’s position in the race for green investment at risk. link] — Rishi Sunak (@RishiSunak) September 11, 2023

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Green Investing Sustainable Investment Climate Change Manufacturing 109

ESG Today

SEPTEMBER 5, 2024

The regulator said that while the growth in investor interest in sustainable investments over the past several years “boded favourably for the EU’s ambition,” recent developments have raised concerns about the continued mobilization of private capital to finance the transition, particularly noting political pressure in the U.S.,

Green Bonds 105

Green Bonds Green Investing Sustainable Investment Development 105

ESG Today

OCTOBER 28, 2024

Our approach, highlighted in a Whitepaper by ICE and EcoFin Investors, aims to help investors not only manage climate risks, but also identify investment opportunities (See Making an Impact: Avoided Emissions, June 2023 ).

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Green Investing 108

ESG Today

NOVEMBER 9, 2023

The study, KPMG’s Net Zero Readiness Report 2023, was based on conversations with national climate change experts in 24 markets and across 6 economic sectors, examining the steps taken by each to reduce greenhouse gas emissions, and their preparedness to achieve net zero by 2050.

Net Zero 104

Net Zero Decarbonize Climate Change Green Investing 104

Envirotec Magazine

DECEMBER 1, 2023

The Lord Deben, Chair of the Climate Change Committee 2012-2023, gave a keynote address where he highlighted how Scotland’s renewable energy industry is playing a major role in helping the UK reach it’s net-zero targets. A performer at the event.

Net Zero 105

Net Zero Green Investing Development Climate Change 105

Envirotec Magazine

FEBRUARY 27, 2024

The UK’s net zero economy grew 9% in 2023 according to a new report commissioned by the Energy and Climate Intelligence Unit (ECIU), with analysis provided by CBI Economics and The Data City. That’s one of many levers the Government can pull to support businesses in doubling down on green growth – but there are many more.

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Net Zero Green Investing Development 116

Chris Hall

OCTOBER 6, 2023

It was supported by an informal technical expert group, and a founding partner group consisting of Global Canopy, UNDP, UNEP FI, and WWF, to develop recommendations for more effective nature-related disclosures in order to promote more informed investment decision-making.

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Greenwashing UNEP CDP Corporate Financiers 111

Renewable Energy World

JUNE 29, 2021

Clearly the green finance revolution has taken the world by storm, with investment in low-carbon energy remaining robust throughout the pandemic.

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Green Bonds Development Green Investing Climate Change 121

Chris Hall

MAY 31, 2024

Back then, the government was tasked with reworking its strategy within eight months. The CBDP was subsequently unveiled in March 2023 – but the three challengers still did not think the strategy met minimum legal standards. As such, they decided to take the government back to court in February this year.

Net Zero 69

Net Zero Climate Change Green Investing Sustainable Investment 69

Envirotec Magazine

MARCH 19, 2024

Minister for Investment and Regulatory Reform, Lord Dominic Johnson said:“The Government is making sure the UK continues to be an attractive choice for green investment, creating jobs and opportunities across the country as we transition to net zero.

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Waste Net Zero Green Investing Climate Change 59

Chris Hall

NOVEMBER 10, 2023

In Europe, there is a thriving sustainable investment community that recognises the urgent need to help the solar industry innovate, grow and deliver the promise of PV technology to more people across the continent and beyond. EU regulation goes hand in hand with a decade-long trend of increased focus on green investment in the EU.

Net Zero 64

Net Zero Sustainable Investment Manufacturing Green Investing 64

Chris Hall

DECEMBER 19, 2023

According to Morningstar’s SFDR Article 8 and Article 9 Funds Q3 2023 Review , Article 8 and 9 fund assets are worth more than €5 trillion (US$5.8 In Q3 2023, newly incepted Article 8 and Article 9 funds accounted for half of total funds launched in the EU. trillion) with Article 8 accounting for 53% of the market.

Sustainable Investment 64

Sustainable Investment Net Zero Greenwashing Green Investing 64

Chris Hall

AUGUST 8, 2023

times more equity value in fossil fuel production companies (US$880 billion) than in green investments (US$309 billion). Green investments were calculated according to the criteria of the EU taxonomy. Analysing US$16.4 Schroders and BNP Paribas AM have a 2.7

Paris Agreement 52

Paris Agreement Net Zero Green Investing Sustainable Investment 52

Chris Hall

FEBRUARY 2, 2024

With ESMA flagging a tripling in the size of the SDG fund market between 2020 and 2023, impact-washing is also in their sights. billion) green investment pledge. Regulators are already pushing back against the risk of greenwashing with a range of fund disclosure , naming and labelling rules.

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Net Zero Banking Development Greenwashing 80

Impakter

JULY 6, 2022

The European Parliament backed EU rules labelling investments in gas and nuclear power plants as climate-friendly: 278 MEPs voted in favour of the resolution, 328 against and 33 abstained. The post For EU Parliament Gas And Nuclear Are Climate-friendly appeared first on Impakter. Amber van Unen.

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Green Investing 52

3BL Media

NOVEMBER 29, 2022

This money is flowing into private equity and greener investments in the region, particularly renewable energy. We’re seeing an increase in green investments from financial institutions, project development companies, utilities, manufacturing, tech sectors, and more.

Digitalization 130

Digitalization Climate Change Green Investing Development 130

Corporate Knights

JANUARY 4, 2023

doesn’t suck green investment out of Canada, including investment that will decarbonize buildings. . Herewith, a sampling of what 2023 may have to offer in the world of green buildings. . Green ‘proptech’. Perhaps 2023 will be the year when all the pieces begin to fit together. .

Embodied Carbon 354

Embodied Carbon Development Decarbonize Green Investing 354

Envirotec Magazine

NOVEMBER 8, 2023

VCM has helped fund and facilitate significant green investment initiatives. Nevertheless, an emerging topic in the global conversation on climate change and transition in 2023 has been how to effectively scale the VCM and strengthen its transparency and credibility.

Net Zero 59

Net Zero Climate Change Green Investing Development 59

Chris Hall

OCTOBER 13, 2023

Dutch pension fund PME defended divestment as an effective investor response to the slow pace of decarbonisation in the energy sector at Morningstar’s Sustainable Investing Summit 2023. Speaking at the event, Daan Spaargaren, Senior Responsible Investment Strategist at PME, said although divestment is a blunt tool, the pension fund has witnessed (..)

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Divestment Paris Agreement Climate Change Net Zero 59

Chris Hall

FEBRUARY 24, 2022

Several countries in Asia have set a timeline to adopt mandatory TCFD reporting, such as Singapore in 2023 and Hong Kong in 2025. Barriers to investment. In 2020, one third of correspondents identified the lack of clear definitions for low carbon or green investment as a top barrier; in 2021 this had fallen to 20%.

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Net Zero Greenwashing Green Investing Climate Change 52

Chris Hall

MARCH 31, 2023

But by the end of 2023, the climate issue will loom again for investor CEOs and CIOs, pushing up on board agendas previously crammed with Covid-19, Ukraine and macro-economic debates. US$5 trillion in annual green investment , once seen as overly ambitious, may emerge amongst new benchmarks.

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Net Zero Divestment Supply Chains Supply Chain 52

Chris Hall

JULY 7, 2023

However, she noted that the success of such plans will be determined by the levels of investment the government must mobilise, noting that the international environment for green investment is becoming “more competitive”, as other countries begin to put their transition plans into action. US President Joe Biden’s Inflation Reduction Act – which (..)

Net Zero 52

Net Zero Banking Climate Change Digitalization 52

Chris Hall

JUNE 29, 2023

In a statement released last week, the Church Commissioners said it will only remain invested in an oil and gas firm if it can demonstrate genuine alignment with a 1.5°C

Net Zero 52

Net Zero Climate Change Development Green Investing 52

Chris Hall

OCTOBER 5, 2022

The UK’s Financial Conduct Authority (FCA) will closely monitor funds’ use of incoming green investment labels, potentially stopping asset managers from using them in the event of misuse. . Smaller FCA-regulated firms are expected to have to do the same from early 2023. .

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Divestment Greenwashing Sustainable Investment Green Investing 52

We Mean Business Coalition

AUGUST 23, 2023

The much debated Corporate Sustainability Reporting Directive ( CSRD ), with its proposed underlying 12 reporting European Sustainability Reporting Standards ( ESRS ), which await final adoption by the European Council in August 2023. The CSRD has already been adopted and will kick in from reporting year 2024.

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Greenwashing Green Bonds Sustainable Investment Green Investing 52

Chris Hall

JANUARY 25, 2022

Nevertheless, the report suggested ESG-labelled bonds will be a growing presence in emerging markets debt, with issuance increasing from some US$50 billion per year in 2020 to US$360 billion by 2023. trillion per year. trillion per year. “By

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Green Bonds Net Zero Paris Agreement Banking 52

Chris Hall

NOVEMBER 23, 2022

The fine print, including who is going to pay into the fund and how much, will be published at COP28 in Dubai, with a transitional committee planning to meet before the end of March 2023. .

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Net Zero Paris Agreement Banking Climate Change 52