Remove 2024 Remove Divestment Remove Greenwashing
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List of Clean 200 companies captures the green transition in full flight

Corporate Knights

along with ongoing corporate greenwashing and fossil-fuel disinformation, it’s sometimes hard to tell if society is moving forward or slipping back. Between July 1, 2016, and January 15, 2024, Clean200 companies generated a total return of 103.5%. The 2024 Clean200 proves there are true sustainability champions out there.

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Investors Face Direct Risk from Climate Litigation

Chris Hall

Investors will be increasingly subject to direct climate litigation risk in 2024 rather than indirect risks through investments as the types of cases brought evolve. He added there was “no reason in principle why asset owners could not be targeted in a similar way to financial institutions”.

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Morningstar Sustainalytics Launches Solutions to Support CSRD, EU Taxonomy Compliance and Reporting

ESG Today

The CSRD took effect from the beginning of 2024 for large companies, with the first reports to be issued in 2025, followed by smaller companies in subsequent years. This represents a significant number of funds that may need to consider either divesting from the stocks or rebranding.

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Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. The decision to rebrand a fund often raises eyebrows, with investors “intuitively suspicious” of the activity due to greenwashing concerns among others.

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Investors Face Rising Direct Risk from Climate Litigation

Chris Hall

Investors will be increasingly subject to direct climate litigation risk in 2024 rather than indirect risks through investments as the types of cases brought evolve. He added there was “no reason in principle why asset owners could not be targeted in a similar way to financial institutions”.

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Take Five: From Paris to Dubai, via Bonn

Chris Hall

The second meeting of the Intergovernmental Negotiating Committee ( INC-2 ) was supposed to discuss options for legally binding and voluntary measures addressing plastic use as a key step to reaching consensus by the end of 2024. The post Take Five: From Paris to Dubai, via Bonn appeared first on ESG Investor.

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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

More than half of financial institutions with the largest exposure to deforestation, including BlackRock, Vanguard and State Street, are yet to publish a single policy on deforestation, according to Forest 500’s 2024 annual report. JBS hopes its dual listing, likely delayed to the second half of 2024, will increase its access to US capital.