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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.

Net Zero 146
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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

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.

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Global Regulatory Brief: Green Finance, January Edition

3BL Media

Transition” refers to activities that do not meet the green thresholds now but are on a pathway to net zero or contributing to net zero outcomes. 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.

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The music industry changes its tune on climate change

Corporate Knights

Agreeing to work collectively, the pact includes a commitment from each signatory to reduce greenhouse gas emissions to net-zero by 2050 and achieve a 50% reduction by 2030. Late last year, in the wake of COP26, the U.K.’s

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Sustainable Investing is Here to Stay

Chris Hall

Many large companies announced ambitious net zero targets and the contribution they will make to becoming a net zero economy. With such demand for sustainable investing, regulators and lawmakers around the world have become increasingly concerned about the risk that some will take advantage by greenwashing.

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Oil industry pioneer wants to lead sustainable aviation revolution. Will it take off?

Corporate Knights

If airlines are to meet their net-zero commitments by 2050 – a goal set in 2021 by the industry’s trade association, the International Air Transport Association – they will have to find a substitute for fossil fuels fairly quickly. A lot of the time, it has been in the news for reasons that make management cringe.

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Back to Basics

Chris Hall

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”.