ESG Today

APRIL 30, 2025

While the initial SDR was developed primarily for retail investors, the new proposal would extend the requirements to firms that manage a group of investments for consumers, with a focus on wealth management services for individuals and model portfolios for retail investors.

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Corporate Knights

AUGUST 13, 2024

Ashley Thomson, Global Witness’s US Senior Policy Advisor Similar concerns have also been raised by Tariq Fancy, BlackRock’s former sustainable investment chief, who criticised the firm for “misleading investors” by using the ESG label, calling it a “dangerous placebo”.

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ESG Today

AUGUST 2, 2024

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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ESG Today

JUNE 5, 2024

Increased supervisory actions and better access to data and other resources will be required to address growing greenwashing risks at banks, investment firms and insurance companies, according to new reports released by Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs).

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ESG Today

JUNE 19, 2024

Switzerland’s Federal Council announced today that it will hold off on regulating greenwashing in the financial sector, allowing instead for the industry to monitor itself, following progress made by the sector’s associations in developing and implementing self-regulatory provisions.

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ESG Today

APRIL 24, 2024

Sacha Sadan, FCA’s Director of Environmental, Social and Governance, said: “Confirming the new anti-greenwashing guidance and our proposals to extend the Sustainability Disclosure Requirements and investment labels regime are important milestones that maintain the UK’s place at the forefront of sustainable investment.

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ESG Today

MARCH 28, 2024

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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Corporate Knights

JANUARY 8, 2025

Hundreds of RI funds have been winding down in the United States and Europe in 2024 alone, and product development slowed significantly in the first nine months of the year when, according to Morningstar data , 246 new funds came to market globally, compared with 444 over the same period in 2023. Thats down from 31 in 2023.

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ESG Today

FEBRUARY 13, 2023

The AMF’s proposals aim to add more stringent requirements for providers of Article 8 and Article 9 funds under the EU’s Sustainable Finance Disclosure Regulation (SFDR), which came into effect in January 2023. The EU SFDR forms part of the EU’s Action Plan on financing sustainable growth.

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ESG Today

NOVEMBER 18, 2024

Investment management firm Fidelity International announced today plans to adopt the “Sustainability Focus” label introduced by the Financial Conduct Authority (FCA)’s Sustainability Disclosure Requirements (SDR) for three funds within its UK domiciled equity fund range.

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Chief Sustainability Officer Social Sustainability Greenwashing Impact Investing 105

ESG Today

SEPTEMBER 25, 2024

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.”

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Sustainable Investment Greenwashing Development 114

ESG Today

JANUARY 28, 2025

The FCAs SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers. billion sustainable investment mandate by UK wealth manager St.

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Social Sustainability Sustainable Investment Greenwashing Impact Investing 101

Corporate Knights

NOVEMBER 28, 2022

For more than a decade, responsible investing in Canada experienced steady upward growth. A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and a tougher regulatory environment. . More to be done on responsible investing.

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Chris Hall

MARCH 20, 2024

Reclaim Finance calls for increased anti-greenwashing regulation for fund managers, and collaboration with index providers. According to research by data provider Morningstar, passive strategies represented almost a quarter of ESG fund assets globally in 2023.

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3BL Media

JANUARY 11, 2023

The 10 Big Things To Watch Across World’s Energy Markets in 2023. Wed, 01/11/2023 - 14:05. BloombergNEF has analyzed these and other key developments, and here we look forward to what might be coming in 2023. As road and air traffic rebound, the International Energy Agency estimates China’s 2023 oil demand to climb by about 0.78

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Chris Hall

OCTOBER 25, 2022

The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainable investments. Greenwashing misleads consumers and erodes trust in all ESG products,” said Sacha Sadan, FCA’s Director of ESG. .

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3BL Media

AUGUST 14, 2024

It includes financial operators and other organizations interested in the environmental and social impact of investments. The Forum’s mission is to promote the knowledge and practice of sustainable investing, with the goal of spreading the inclusion of environmental, social and governance ( ESG ) criteria in financial products and processes.

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Green Bonds Greenwashing Sustainable Investment Social Sustainability 147

ESG Today

JULY 10, 2024

In the world of sustainability communication, the following two points further exemplify this emerging trend – greenhushing : In 2022, BlackRock’s sustainable investing webpage had a declaration: “We are committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner”.

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Greenwashing Net Zero Sustainable Investment 113

Chris Hall

NOVEMBER 27, 2024

Investment in adaptation offers significant opportunities that are yet to be comprehensively tapped,” said Rena Pulido, Head of Sustainable Investment Australia at IFM Investors, a A$221.7 It will be important for taxonomies to include adaptation to further mobilise much needed investment in adaptation,” she told ESG Investor.

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Net Zero Greenwashing Climate Change Impact Investing 59

Chris Hall

JUNE 15, 2023

The European supervisory authorities (ESAs) and EU national competent authorities (NCAs) will need to build out their in-house resources and skill sets to effectively identify and handle instances of greenwashing by financial institutions, but greater guidance is recommended by observers rather than new waves of regulation.

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Greenwashing Sustainable Investment Banking Impact Investing 52

Corporate Knights

MARCH 1, 2023

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainable” investments.

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Net Zero Climate Change Banking Greenwashing 322

Chris Hall

NOVEMBER 16, 2022

The European Supervisory Authorities (ESAs) have issued a Call for Evidence to stakeholders on greenwashing. . The ESAs have also asked for any available data to help them gain a more concrete sense of the scale of greenwashing and areas of particularly high risk. .

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ESG Today

NOVEMBER 16, 2023

For the report, PwC’s Global Investor Survey 2023, PwC surveyed 345 investors and analysts across 30 countries and territories, with 65% of respondents at organizations with total AUM of more than $1 billion.

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ESG Today

JUNE 6, 2024

The ASIC suit formed part of a series of a series of greenwashing-focused actions by the regulator, including cases against Marsh McLennan company Mercer Superannuation and Vanguard Investments.

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Greenwashing Sustainable Investment 111

ESG Today

FEBRUARY 5, 2023

This week in ESG news: EU launches green industrial plan to counter US Inflation Reduction Act; California lawmakers propose rule requiring full value chain emissions disclosure from companies; survey finds large majority of companies boosting spend this year on sustainability initiatives despite headwinds; Amazon sets corporate renewable energy record; (..)

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Net Zero Greenwashing Analytics Decarbonize 98

ESG Today

FEBRUARY 4, 2024

This week in ESG news: Most investors planning to increase sustainable investments this year, Morgan Stanley finds; ECB pledges to ramp focus on climate risk; Climate data platform Watershed raises $100 million at $1.8 trillion, and more.

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Net Zero Sustainable Investment Greenwashing Decarbonize 126

Corporate Knights

MARCH 1, 2024

While some Canadian pension funds “made helpful but modest tweaks” to their climate policies in 2023, even the leaders in the field lagged behind international peers in their efforts to build climate urgency into their investment choices and exclude fossil fuels from their portfolios, a watchdog group reports this morning.

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James Militzer

JUNE 21, 2024

This interest is driven by new climate science findings and the strong performance of sustainable investments: In 2023, sustainable funds outperformed traditional funds , delivering an overall return of 12.6%, which is almost 50% higher than that of traditional funds. trillion in 2022, a 15% decrease from 2020.

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Greenwashing Sustainable Investment Climate Change Supply Chain 72

3BL Media

JANUARY 18, 2024

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

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Green Bonds Greenwashing Net Zero Climate Change 147

ESG Today

NOVEMBER 23, 2023

The new £960 million investment will be provided through a Green Industries Growth Accelerator to support clean energy supply chains across the UK, with investments focused on areas including offshore wind, electricity networks, nuclear, CCUS and hydrogen. The Chancellor didn’t go far enough.”

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Paris Agreement Sustainable Investment Net Zero Supply Chain 111

Carlos Sanchez

DECEMBER 18, 2022

In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. 2022 Sustainability Summary. In 2022, the voice against “greenwashing” practices was clear and loud. Sustainability trends 2023: Mandatory reporting.

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Net Zero Carbon Offsets Supply Chain Supply Chains 52

Chris Hall

NOVEMBER 1, 2023

Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainable investments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5

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Sustainable Investment Greenwashing Net Zero Academics 130

Chris Hall

MAY 28, 2024

Between January 2020 and December 2021, the EU watchdog identified 191 European companies involved in 933 misleading communication incidents – 70% of which involved greenwashing. However, ESMA’s guidelines also require a more general alignment with environmental or social characteristics, or a sustainable investment objective.

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Greenwashing Sustainable Investment 64

Chris Hall

SEPTEMBER 24, 2024

Regulation is helping asset owners achieve their sustainable investment goals by driving corporate disclosures and honing ESG data quality, according to research from global index provider FTSE Russell.

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Sustainable Investment Greenwashing Climate Change Development 69

3BL Media

AUGUST 2, 2023

While a focus on ESG has been prevalent for some time now, this surge in interest has been fueled by Canada’s commitment to achieving net-zero emissions by 2050 and an increasing number of stakeholders who expect ESG considerations be integrated into their investment programs.

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ESG Today

JANUARY 23, 2023

ESG and sustainability are emerging as key drivers of growing institutional investor allocations to real asset investments, and nearly all investors now consider ESG factors in their real asset investment decisions, according to a new study released by Aviva Investors. trillion, in a survey conducted by CoreData Research.

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Divestment Net Zero Greenwashing Sustainable Investment 98

Chris Hall

SEPTEMBER 14, 2022

One such, unheard of a few short years ago, is “greenwashing”, the practice of dressing up products, services or investments as being in full conformity with ESG principles – in contradiction of the underlying reality. It may be a bit strong to say firms are fearful of being accused of greenwashing. topped 90% of the fund.

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