Chris Hall

NOVEMBER 22, 2024

Industry experts suggest UK requirements would need to be finalised and in effect from mid-2026. The draft legislation proposed by HM Treasury is a response to investor concerns over the quality, transparency and comparability of the ESG ratings they use to inform investment decisions.

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3BL Media

NOVEMBER 27, 2023

SB 253 requires all businesses with revenues exceeding $1 billion operating in California to annually disclose their Scope 1 and 2 emissions, starting in 2026. Under SB 253, Scope 1 and 2 emissions will initially be subject to limited assurance from the first year of disclosure in 2026 and reasonable assurance starting in 2030.

Carbon Offsets 147

Carbon Offsets Net Zero Climate Change Decarbonize 147

ESG Today

JUNE 8, 2023

trillion in 2021, with PwC forecasting the pace of growth to increase further, with a 2026 base case AUM forecast of $2.7 were also found to be strongly in favor of the development of a “US Taxonomy,” similar to those underway in the EU and UK, to help identify sustainable economic activities and help avoid greenwashing.

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Corporate Knights

OCTOBER 24, 2022

In it, they calculated their actual carbon footprint (116 MTCO2e, or metric tons of carbon dioxide equivalent, in 2021) and pledged to become “carbon negative” by their 30th anniversary in 2026 – a more ambitious goal than the Music Climate Pact that they also signed.

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ESG Today

FEBRUARY 25, 2024

This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)

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Supply Chains Supply Chain Chief Sustainability Officer Green Bonds 110

3BL Media

JANUARY 18, 2024

The measures in sum: The package of measures is intended to improve trust and transparency in the market for sustainable investment products and minimize greenwashing. The proposed guidance is designed to help firms better understand the FCA’s expectations under the anti-greenwashing rule and other associated requirements.

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Chris Hall

NOVEMBER 4, 2024

Path to integrity Carbon credits and voluntary carbon markets have faced long-standing criticism , including widespread accusations of greenwashing and limited positive environmental impact. Although biodiversity credits differ from carbon credits, those involved are aware of the need to demonstrate high-integrity credentials.

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Chris Hall

MARCH 15, 2024

But as these moves come under greater scrutiny and regulators and investors take action against greenwashing, could we see a knock-on effect of green hushing and bleaching cause a shrinking universe of options for ESG investors? But could the fear of sanction or litigation for greenwashing cause unintended consequences?

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Sustainable Investment Greenwashing Net Zero Banking 64

Corporate Knights

JANUARY 17, 2023

In May 2022, Carlos Calvo Ambel, a senior director of the Transport & Environment environmental campaign group, called the band Coldplay “useful idiots for greenwashing” Neste’s image. A lot of the time, it has been in the news for reasons that make management cringe. I see a lot of long-term potential in new technologies,” he says.

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Supply Chains Supply Chain Decarbonize Net Zero 256

ESG Today

FEBRUARY 2, 2023

In 2023, regulatory scrutiny into funds’ aims, names and stated impact will intensify in order to direct capital more effectively toward sustainable 2050 targets and to curb greenwashing and over-promising. This year, we can expect regulations and enforcement to make greenwashing more ‘obvious’ and accordingly harder to get away with.

Greenwashing 110

Greenwashing Impact Investing 110

Chris Hall

MAY 17, 2024

European regulators have ratcheted up efforts to eliminate greenwashing from the investment sector. End of an era I – The fight against greenwashing inched ahead with the release of final guidelines for naming ESG- or sustainability-related funds by the European Securities and Markets Authority (ESMA).

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Greenwashing Sustainable Investment Green Bonds Green Investing 80

Chris Hall

JULY 18, 2024

In addition, while SFDR was designed to enhance transparency around sustainability, Article 8 and 9 disclosure requirements have been used “in marketing material as ‘quality labels’ for sustainability, consequently posing greenwashing and mis-selling risks”.

Greenwashing 59

Greenwashing Sustainable Investment Net Zero 59

Chris Hall

FEBRUARY 24, 2023

This “reasonable assurance” requirement will apply to the top 250 companies by market cap for fiscal year 2023-2024, the top 500 companies for fiscal year 2024-2025, and the top 1,000 companies for fiscal year 2025-2026. The remaining investments can be in other BRSR reporting companies.

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Chris Hall

MAY 31, 2024

Dr Torsten Schwarze, Partner at Morgan Lewis, explains how two EU directives will shape Europe’s legal framework to restrict greenwashing. In this article, we summarise the content of both and explain how they are intended to interact in the EU’s fight against greenwashing.

Greenwashing 59

Greenwashing Carbon Offsets Development Climate Change 59

Chris Hall

NOVEMBER 1, 2023

trillion by 2026, up from US$18.4 A 2022 PwC report noted that investors globally are expected to increase their ESG-related assets under management across mandates, mutual funds and private markets to US$33.9 trillion in 2021.

Sustainable Investment 130

Sustainable Investment Greenwashing Net Zero Academics 130

Envirotec Magazine

NOVEMBER 17, 2023

The annual Sustainability Report produced by enterprise software firm SAP appears to reveal that 8 in 10 (83%) UK leaders will maintain or increase their investment in sustainability action by 2026. Yet, despite these intentions, UK businesses continue to create their own barriers to environmental progress, say the report’s authors.

Supply Chains 69

Supply Chains Supply Chain Chief Sustainability Officer Net Zero 69

Chris Hall

MAY 26, 2023

Meanwhile, greenwashing remains a concern and risks undermining trust in ESG claims. These standards will be rolled out initially to large listed companies in 2024 with reporting expected in the next fiscal year, followed by other large companies in 2025 (reporting in 2026) and listed SMEs in 2026 (reporting in 2027).

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Supply Chains Supply Chain Greenwashing Climate Change 52

Chris Hall

SEPTEMBER 6, 2024

The Voluntary Carbon Markets Integrity Initiative (VCMI) was established in 2021 in response to concerns that companies making carbon neutrality claims based on their use of carbon credits to offset their emissions were greenwashing.

Net Zero 69

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Chris Hall

JULY 5, 2022

Listed SMEs, small and non-complex credit institutions and captive insurance undertakings must report in line with CSRD from 2026. “It Greenwashing is over. Firms already subject to the NFRD must comply with CSRD by January 2024, while large companies not reporting under the existing directive have an extra year.

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Net Zero Paris Agreement Supply Chains Supply Chain 52

Eco-Business

OCTOBER 7, 2024

As Asian firms scale up disclosures, the International Auditing and Assurance Standards Board (IAASB)'s guidance – effective from December 2026 – could help curb greenwash if backed by strong regulatory frameworks, say industry players.

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Greenwashing 11

Chris Hall

APRIL 21, 2023

Moving forward, companies will have to report on their alignment to the new activities starting in 2025, while FMPs will need to disclose in 2026.

Climate Change 52

Climate Change Sustainable Investment Development Manufacturing 52

ESG Today

MAY 7, 2023

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Arkema to Cut Emissions Across Value Chain by More than Half by 2030 New York Bans Fossil Fuels in New Buildings Starting 2026 TotalEnergies Sues Greenpeace Over Claims that Energy Giant Significantly Understates (..)

Greenwashing 110

Greenwashing Net Zero CDP Development 110

Corporate Knights

MARCH 13, 2024

When fully in place in 2026, the rule will require large, publicly listed companies to disclose their Scope 1 and Scope 2 greenhouse gas emissions from their direct operations and energy use if the emissions are sizeable enough to represent a material financial risk to the company.

Sustainable Investment 307

Sustainable Investment Greenwashing Global Economy 307

Chris Hall

NOVEMBER 3, 2023

Following on, James d’Ath , the TNFD’s Head of Nature Data, warned that regulators were already beginning to “move away from self-regulation to more government-led requirements, due to concerns over greenwashing”.

Sustainable Investment 78

Sustainable Investment Climate Change Greenwashing Impact Investing 78

3BL Media

JANUARY 23, 2025

Only by moving from averages to actuals audited at reasonable assurance can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet. CBAM will apply in its definitive regime from 2026. SAP Green Ledger delivers precisely that.

Net Zero 130

Net Zero Supply Chains Supply Chain Manufacturing 130

Chris Hall

DECEMBER 6, 2024

Bringing ESG ratings providers into regulation will boost investor confidence, reduce greenwashing, and address the lack of transparency highlighted in responses to the governments consultation.” ” A question of terminology The draft legislation itself contains few surprises.

Analytics 59

Analytics Net Zero Supply Chains Supply Chain 59

Chris Hall

JULY 5, 2023

A person close to the Australian Treasury understands that the ‘Finance Agenda’ consultation is likely to include disclosures, taxonomy, transition planning and greenwashing, including financial product labelling. Parker from RIAA welcomes the potential for a product labelling system in Australia.

Net Zero 52

Net Zero Climate Change Paris Agreement Greenwashing 52

Corporate Knights

JANUARY 2, 2025

That said, its not clear whether such a law could pass in the next two years, when the 2026 mid-term elections are expected to turn against the Republicans. Expect the Republican-controlled Congress to also weigh in, proposing legislation that would give corporations broad powers to reject shareholder proposals. Climate disclosure.

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