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RBC shareholder resolution confronts greenwashing loopholes in ‘sustainable debt’

Corporate Knights

While linking corporate debt to sustainability targets sounds like a great way of incentivizing companies to make environmental, social and governance (ESG) improvements, a lack of standardized rules has quickly opened the door to greenwashing, with some companies using the funds to continue business as usual with little ESG impact. .

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . The post Advocates urge regulation of banks’ climate commitments to avoid greenwashing appeared first on Corporate Knights.

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Moody’s Predicts $1 Trillion Sustainable Bond Market in 2025 Despite Political Headwinds

ESG Today

Global issuance of labelled sustainable bonds including green, social, sustainability, sustainability-linked, and transition bonds is anticipated to again reach around $1 trillion in 2025, according to a new forecast released by Moodys Ratings, as headwinds including political changes from the new U.S. Moodys noted that even as the new U.S.

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Is the burgeoning 'plastic credits' market a new wave of greenwashing?

Corporate Knights

by 2025, Dewing says, especially along its Atlantic coast. Greenwashing risk Critics see plastic credit systems as little more than window dressing, giving firms an excuse to continue making and using plastic rather than finding alternatives. ACC’s Dewing counters that “people say this is greenwashing.

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Switzerland to Address Greenwashing with Sustainable Investment Label Rules

ESG Today

The Council stated that the proposals form part of efforts to prevent greenwashing, or the mischaracterization or exaggeration of the sustainability characteristics and attributes of financial products and services. Click here to access the greenwashing position paper and the sustainable finance report.

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Boom or Bust for Biodiversity Credits in 2025

Chris Hall

Biodiversity credits are going to explode in scale and 2025 will be a critical year,” Simon Zadek, Founder of non-profit NatureFinance, told ESG Investor. The post Boom or Bust for Biodiversity Credits in 2025 appeared first on ESG Investor.

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FCA Proposes Anti-Greenwashing and Sustainability Disclosure Rules for Portfolio Managers

ESG Today

Firms with assets under management greater than £50 billion would be required to begin providing product-level disclosures under the SDR from December 2025, and those with AUM greater than £5 billion from December 2026. Our good and poor practice anti-greenwashing examples will help firms market their products in the right way.”