ESG Today

JUNE 17, 2024

The European Council today announced today that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services.

Greenwashing 113

Greenwashing Net Zero Carbon Offsets Climate Change 113

ESG Today

DECEMBER 18, 2024

Source: Adfree Cities The ad was challenged by ad-focused activist group Adfree Cities in May 2024, who claimed that the ads constituted greenwashing, and fell short of the UK advertising Codes which require ads not to mislead by omitting material information, in this case by leaving out information regarding Lloyds contribution to GHG emissions.

Banking 104

Banking Net Zero Greenwashing 104

Corporate Knights

JANUARY 23, 2024

Cancelling oil industry greenwash There’s a growing consensus that the PR companies involved in greenwashed campaigns need to be held to account. There is still no regulatory consensus, for instance, on what conditions have to be met to label something “climate-neutral” or “net-zero.”

Greenwashing 346

Greenwashing Net Zero Climate Change Digitalization 346

Corporate Knights

MARCH 3, 2025

Adopted in 2021 and coming into effect for the 2024 financial year, the CSRD is the regulatory framework requiring firms to file social and environmental data and impact reports. Here are the main rollbacks proposed in the initial package. Companies are required to report under a list of hundreds of data points, which vary by company.

Net Zero 144

Net Zero Supply Chain Supply Chains Green Bonds 144

Chris Hall

NOVEMBER 27, 2024

This has included legislating a 2050 net zero target and setting a legally-binding target to reduce emissions by 43% by 2030 below 2005 levels. The report also found that greenwashing had overtaken performance concerns as the pre-eminent barrier to responsible investing.

Net Zero 59

Net Zero Greenwashing Climate Change Impact Investing 59

ESG Today

MARCH 6, 2024

subsidiary of Brazil-based protein giant JBS Foods, the largest global producer of beef and poultry, alleging that the company has made a series of misleading statements about its environmental impact, including its claim that it will achieve net zero greenhouse gas emissions by 2040. It’s possible.” “We

Greenwashing 104

Greenwashing Net Zero Supply Chain Supply Chains 104

ESG Today

APRIL 21, 2023

The statement added that the green bond program is expected to begin in mid-2024, following the development of a Green Bond Framework. Australia set its climate goals into law last year, including its targets to reduce greenhouse gas emissions by 43% by 2030, compared to 2005 levels, and to achieve net zero by 2050.

Green Bonds 122

Green Bonds Net Zero Greenwashing Climate Change 122

ESG Today

JULY 10, 2024

By: Priyanka Bawa , Senior Analyst in the Verdantix ESG & Sustainability practice Despite more net zero targets being set than ever before, and more science-based targets being used to back them, 2022 research from South Pole shows that one in four businesses do not intend to talk about their science-aligned climate targets.

Greenwashing 111

Greenwashing Net Zero Sustainable Investment 111

Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

Net Zero 84

Net Zero Paris Agreement UNEP Development 84

ESG Today

NOVEMBER 13, 2023

Additionally, 84% of executives reported incorporating ESG and climate factors in their corporate planning and M&A strategies, and while 57% said that they expect to hit their net zero targets, only 33% expect their peers to do so.

Greenwashing 120

Greenwashing Net Zero Supply Chain Supply Chains 120

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. degree celsius (1.5°C)

Green Bonds 147

Green Bonds Greenwashing Net Zero Climate Change 147

Chris Hall

JANUARY 18, 2023

Net Zero Insurance Alliance plan leaves door open to greenwashing, claim campaigners. A three-pronged framework to guide insurance firms to net zero by 2050 was unveiled at Davos yesterday as proof the industry could “walk the talk” on net zero transition. C above pre-industrial levels by 2100.

Net Zero 52

Net Zero Greenwashing Climate Change Paris Agreement 52

Chris Hall

NOVEMBER 18, 2022

When Coca Cola – the world’s biggest plastic polluter , was announced as one of the sponsors for COP27 this year – the world’s largest climate change conference, it sparked a wave of greenwashing accusations. Net Zero Plastic to Nature addresses both challenges. On the face of it, the backlash was justified.

Net Zero 52

Net Zero Waste Supply Chain Supply Chains 52

Chris Hall

FEBRUARY 15, 2023

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.

Net Zero 52

Net Zero Divestment Greenwashing Sustainable Investment 52

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.

Net Zero 130

Net Zero Carbon Offsets Greenwashing Analytics 130

ESG Today

JULY 2, 2023

This week in ESG news: IFRS releases global sustainability and climate reporting standards; Australia to introduce mandatory climate disclosure beginning 2024; AstraZeneca announces $400 million reforestation and biodiversity investment; IBM survey finds surge in CEOs with pay tied to ESG goals; UK environment minister quits over government’s climate (..)

Greenwashing 104

Greenwashing Net Zero Decarbonize Shipping 104

Corporate Knights

NOVEMBER 8, 2023

Visit corporateknights.com in April 2024 to nominate any change agents under 30 that you think should be considered for next year’s list. It’s fascinating to see the mining industry trying to capitalize on these disasters to justify even more greenwashed destructive projects,” he says.

Net Zero 354

Net Zero Waste Climate Change Development 354

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. .

Greenwashing 98

Greenwashing Sustainable Investment Net Zero COP26 98

Envirotec Magazine

JUNE 13, 2024

While almost a third of those questioned (33%) believed carbon offsetting is a viable strategy for achieving net-zero emissions, just 37% have employed it as a strategy to reduce their businesses’ environmental impact. Worryingly, only 3% of those interviewed said their organisation was currently at net zero.

Carbon Offsets 59

Carbon Offsets Net Zero Greenwashing Climate Change 59

3BL Media

NOVEMBER 27, 2023

AB 1305: Voluntary Carbon Market Disclosures Business Regulation Act For its part, AB 1305 will impose new disclosure requirements on companies - public and private, of all sizes - that make net-zero GHG emissions, GHG emissions neutrality, or similar claims.

Carbon Offsets 147

Carbon Offsets Net Zero Climate Change Decarbonize 147

3BL Media

JANUARY 24, 2024

Assurance over corporate climate disclosure is critical to prevent greenwashing and ensure that investors can make decisions promoting long-term shareholder value and economic growth.” Institutional investors have made it clear that they need consistent, comparable, decision-useful climate data,” said Steven M.

Climate Change 147

Climate Change Net Zero Greenwashing Banking 147

ESG Today

MARCH 16, 2023

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

Net Zero 119

Net Zero Greenwashing 119

Chris Hall

JANUARY 30, 2024

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.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

NOVEMBER 22, 2024

On 14 November 2024, HM Treasury issued a consultation following the Green Technical Advisory Group’s (GTAG) work in developing a UK Green Taxonomy for financial and non-financial firms. The government committed to net zero in the Climate Change Act 2008 and is under a legal obligation to deliver on the carbon reduction targets therein.

Greenwashing 59

Greenwashing Climate Change Net Zero Development 59

Chris Hall

MAY 1, 2024

As the fallout continues over the Science Based Targets initiative’s approach to offsets, is the net zero target-setting landscape for corporates fit for purpose? In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023.

Net Zero 85

Net Zero Paris Agreement Carbon Offsets CDP 85

Sustainable Development Network

MARCH 28, 2024

On 25 March 2024, SDSN Kenya joined WRI Africa and other Kenyan partner organizations in co-hosting an interactive workshop and debate format entitled: ‘Carbon Markets: Which Way for Kenya? A Carbon Markets Clinic and Debate’.

Paris Agreement 95

Paris Agreement Net Zero Zero Carbon Greenwashing 95

Chris Hall

NOVEMBER 29, 2023

Anti-greenwashing rules and guidance may become “diamond standard”. Anti-greenwashing guidance proposed by the UK Financial Conduct Authority (FCA), as well as the promise of extending the finalised Sustainability Disclosure Requirements (SDRs) to pension products, has been welcomed by the investment industry.

Greenwashing 80

Greenwashing Net Zero Development Impact Investing 80

Chris Hall

JULY 5, 2022

Susanna Arus, EU Public Affairs Manager at Frank Bold , said the Corporate Sustainability Reporting Directive (CSRD) – which updates the 2014 Non-Financial Reporting Directive (NFRD) and comes into force on 1 January 2024 – could create a ‘two-speed Europe’. Greenwashing is over.

Net Zero 52

Net Zero Paris Agreement Supply Chain Supply Chains 52

Corporate Knights

JULY 25, 2023

Those guidelines are due to be released in 2024. Now, it’s being taken up by a multilateral panel that is expected to report in 2024 if all goes well. But she added it’s “disappointing to only mention drafting a plan to end public domestic fossil fuel finance by the end of 2024, rather than taking concrete steps now.”

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

MAY 3, 2024

G7 countries said they would submit nationally determined contributions (NDCs) that “demonstrate progression and the highest possible ambition”, including 2030 targets and demonstrating alignment with net zero by 2050 goals.

Net Zero 84

Net Zero Greenwashing Development 84

3BL Media

DECEMBER 20, 2023

After years of negotiation, the fund, which will launch in 2024, received pledges of more than US$700 million from countries at the event. C using the Net Zero 2050 scenario from the Network for Greening the Financial System.

UNEP 147

UNEP Climate Change Banking Development 147

Chris Hall

APRIL 19, 2024

Many people and organisations forging the path to net zero were facing up to the need to manage change this week. In parallel with the release of its plans to decarbonise across asset classes up to 2030, the UN-convened Net Zero Asset Owner Alliance (NZAOA) published this week a background document outlining its underlying assumptions.

Net Zero 81

Net Zero Greenwashing Development Banking 81

Chris Hall

JANUARY 30, 2024

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.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

JUNE 6, 2024

Regulatory pressure over greenwashing increases as deadlines approach for widespread incorporation of sustainable fuel. Any attention in this area is fraught with risk; even where there has been no greenwashing, the reputational damage is done when the accusation is made and it is hard to fix.” billion litres (1.5

Greenwashing 64

Greenwashing Net Zero Development 64

Eco-Business

DECEMBER 12, 2024

Airlines came under scrutiny for suspect green claims this year, as did net zero targets, sustainability-linked loans and the UN-led COP process. Australia led the Asia Pacific region for penalising firms for greenwashing with fines.

Greenwashing 18

Greenwashing Net Zero 18

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. On top of that, they will be creating plans to comply as soon as by the 2024 reporting cycle (e.g. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends. Sustainability trends 2023: Net-Zero roadmaps.

Net Zero 52

Net Zero Carbon Offsets Supply Chain Supply Chains 52

Chris Hall

JUNE 6, 2024

Regulatory pressure on airlines over greenwashing increases as deadlines for widespread incorporation of sustainable fuel approaches. Any attention in this area is fraught with risk; even where there has been no greenwashing, the reputational damage is done when the accusation is made and it is hard to fix.” billion litres (1.5

Greenwashing 52

Greenwashing Net Zero Development 52