ESG Today

OCTOBER 30, 2022

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. Mondelez Ramps Investment in Sustainable Cocoa Initiatives to $1 Billion. ESG Services and Tools.

Greenwashing 119

Greenwashing Decarbonize Supply Chain Supply Chains 119

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. Investment in adaptation offers significant opportunities that are yet to be comprehensively tapped,” said Rena Pulido, Head of Sustainable Investment Australia at IFM Investors, a A$221.7

Net Zero 59

Net Zero Greenwashing Climate Change Impact Investing 59

Corporate Knights

MARCH 7, 2023

The SFAC compiled the report after it assumed responsibility for creating a green taxonomy after the Canadian Standards Association, a non-profit industry body, failed to reach consensus among fossil-fuel and investment-industry representatives in 2020.

Carbon Offsets 260

Carbon Offsets Net Zero Greenwashing Green Investing 260

ESG Today

OCTOBER 19, 2022

The ruling comes as financial institutions and other companies increasingly face regulatory scrutiny over greenwashing concerns. Earlier this year, the CEO of Deutsche Bank’s investment arm DWS resigned after police raided the firms’ Frankfurt offices as part of an investigation into greenwashing allegations.

Net Zero 136

Net Zero Greenwashing Banking Paris Agreement 136

ESG Today

OCTOBER 13, 2024

Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Solar PV Manufacturing Capacity Green Data Center Solutions Provider Submer Raises $55.5

Supply Chain 115

Supply Chain Supply Chains Greenwashing Sustainable Investment 115

ESG Today

SEPTEMBER 29, 2024

boards lose focus on ESG, say it’s not the same as sustainability; Microsoft to restart Three-Mile Island nuclear plant to decarbonize data centers; IFRS launches guide for voluntary application of ISSB sustainability reporting standards; Brookfield raises $2.4 This week in ESG news: U.S. Billion Air France-KLM Signs Deal for 1.9

Decarbonize 111

Decarbonize Greenwashing Sustainable Investment Development 111

Corporate Knights

MARCH 1, 2023

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainable” investments.

Net Zero 322

Net Zero Climate Change Banking Greenwashing 322

ESG Today

FEBRUARY 5, 2023

This week in ESG news: EU launches green industrial plan to counter US Inflation Reduction Act; California lawmakers propose rule requiring full value chain emissions disclosure from companies; survey finds large majority of companies boosting spend this year on sustainability initiatives despite headwinds; Amazon sets corporate renewable energy record; (..)

Net Zero 98

Net Zero Greenwashing Analytics Decarbonize 98

ESG Today

NOVEMBER 23, 2023

The investment was announced with the Autumn Statement 2023 delivered by Chancellor of the Exchequer Jeremy Hunt, forming part of package of £4.5 billion to support strategic manufacturing sectors between 2025 – 2030, which also included £2 billion for zero emission investments in the automotive sector.

Paris Agreement 111

Paris Agreement Sustainable Investment Net Zero Supply Chain 111

ESG Today

DECEMBER 15, 2024

Million to Improve Home Energy Efficiency Sustainable Investing Invesco Launches New Climate ETF with Record-Breaking $2.4 Million to Improve Home Energy Efficiency Sustainable Investing Invesco Launches New Climate ETF with Record-Breaking $2.4

Net Zero 89

Net Zero Greenwashing Banking Sustainable Investment 89

ESG Today

FEBRUARY 12, 2023

This week in ESG news: Shell’s board of directors sued over climate strategy; UK regulator to test asset managers for greenwashing claims; Nordea ties top exec compensation to ESG goals; CDP says only 1 in 200 companies have credible climate plans; KPMG & Workiva partner on ESG reporting solutions; Aviva Investors to require climate transition (..)

Net Zero 98

Net Zero CDP Greenwashing Green Bonds 98

ESG Today

JUNE 13, 2023

The sustainable finance framework is aimed at helping facilitate the flow of capital needed to finance the EU’s sustainability goals, including the ambitions of the European Green Deal, such as reducing net greenhouse gas emissions by at least 55% by 2030 and achieving climate neutrality by 2050.

Greenwashing 127

Greenwashing Sustainable Investment Development 127

3BL Media

SEPTEMBER 7, 2022

Pacifists may choose not to invest in companies that manufacture weapons. Environmentalists may choose to invest in companies that produce durable products from natural materials. Terms like sustainable investing, impact investing, and ethical investing were used to describe this activity. In the U.S.,

Impact Investing 130

Impact Investing Sustainable Investment Supply Chain Supply Chains 130

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).

Greenwashing 80

Greenwashing Sustainable Investment Green Bonds Green Investing 80

Chris Hall

DECEMBER 1, 2023

First fruits – Away from the UAE, there were positive developments toward the headline goal of the Global Biodiversity Framework to protect 30% of terrestrial and marine habitats by 2030.

Greenwashing 83

Greenwashing Sustainable Investment Climate Change Banking 83

We Mean Business Coalition

MAY 19, 2023

billion tons by 2030. To achieve this requires urgent, large-scale, and sustained investment. The VCM has the potential to fund and deliver up to 32 percent of natural climate solutions’ potential and at least 10 percent of the overall mitigation we need by 2030. However, in the last three years, only 1.2

Greenwashing 78

Greenwashing Decarbonize Net Zero Regenerative 78

Chris Hall

JULY 1, 2022

UNEP FI is responsible for formulating the Principles for Responsible Investment (PRI) and convenes the Net Zero Asset Owners Alliance (NZAOA), the Net Zero Banking Alliance (NZBA) and the Net-Zero Insurance Alliance (NZIA). Fancy writes: “To fix our system and curb a growing [greenwashing] disaster, we need government to fix the rules.”.

Net Zero 98

Net Zero UNEP Greenwashing Banking 98

3BL Media

JANUARY 11, 2023

In the year to October 2022, more than 85 million tons of carbon capture capacity were announced, leading to a 44% hike in the forecast for installed capacity by 2030. By the end of 2023, the cumulative CCUS capacity expected by 2030 could be almost 420 million tons, a 50% increase. Sustainable Investing – Greater Scrutiny.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

OCTOBER 1, 2022

These long-held principles of sustainability have filtered down to the world of investment. According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016.

Climate Action Tracker 98

Climate Action Tracker Stewardship Code Sustainable Investment Climate Change 98

Chris Hall

FEBRUARY 21, 2024

The FCA finalised the four new labels – focus, improvers, impact and mixed goals – for UK sustainability-focused funds last year as part of its work to limit greenwashing. New and existing commercial stock that does not meet increasing EPC standards by 2030, and potentially 2027, could suffer.”

Sustainable Investment 64

Sustainable Investment Greenwashing Impact Investing Waste 64

Chris Hall

OCTOBER 4, 2024

According to global institutional asset manager Ninety One, they are also on a trajectory to represent 90% of emissions growth by 2030. However, we don’t just buy the bonds of a large cement company with 2030 targets and then wait until 2031 to see the results,” said Christ.

Development 89

Development Divestment Net Zero Greenwashing 89

Chris Hall

JANUARY 21, 2022

New Morningstar analysis suggests that sustainable investments paid in 2021, but many boards are not currently on the same page as shareholders, let alone a wider range of stakeholders. Greenwashing practices are gradually being closed out, even in the ‘ wild west ’ of the voluntary carbon markets.

Net Zero 52

Net Zero Sustainable Investment CDP Greenwashing 52

Chris Hall

FEBRUARY 2, 2024

Negligible impact on SDGs – The need to close a massive financing gap to achieve the UN Sustainable Development Goals (SDGs) is well established. Regulators are already pushing back against the risk of greenwashing with a range of fund disclosure , naming and labelling rules.

Net Zero 80

Net Zero Banking Development Greenwashing 80

Corporate Knights

NOVEMBER 2, 2022

Born in Karachi, Pakistan, she now designs transmission stations to support the increased use of renewable energy (contributing to Saskatchewan’s goal of generating 50% electricity from renewables by 2030). “I trillion funding gap needed to achieve the UN’s 2030 Sustainable Development Goals. million tonnes.

Climate Change 301

Climate Change Net Zero Development Waste 301

We Mean Business Coalition

JUNE 2, 2022

Therefore, all sustainability reporting standards, if they refer to the ISSB will ensure companies can report just once in a way that is transparent and robust, minimising the opportunities for greenwashing and accurately indicating to investors where the most sustainable investment options lie.

COP26 59

COP26 Net Zero Paris Agreement Greenwashing 59

Chris Hall

APRIL 21, 2023

On climate, ministers also agreed to accelerate the renewable energy transition, collectively increasing offshore wind capacity by 150 GW by 2030 and solar by 1 TW. With the Church of England Pensions Board planning to vote against Volkswagen’s board over lack of transparency on climate lobbying, many directors may not be sitting comfortably.

Net Zero 52

Net Zero Greenwashing Green Investing Sustainable Investment 52

Chris Hall

OCTOBER 11, 2023

Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C, C, according to industry experts speaking at Morningstar’s ‘ Sustainable Investing Summit 2023 ’. C in the Paris Agreement; with only 3% of global policies currently moving towards the 1.5°C

Net Zero 59

Net Zero Paris Agreement Climate Scientist Greenwashing 59

B the Change

JULY 7, 2022

Most asset managers, especially institutional investors such as mutual and pension funds, claim to integrate ESG into their investment strategy. The numbers speak for themselves: According to the Global Sustainable Investment Alliance, over $35.5 trillion was managed for sustainable and responsible investing globally in 2020.

Banking 98

Banking Chief Sustainability Officer Impact Investing Paris Agreement 98

Corporate Knights

JANUARY 3, 2023

But within months, that optimism started to wither as leading members threatened to leave the alliance after learning they were expected to implement stringent emission cuts by 2030. By November, GFANZ organizers conceded that the 2030 emission-reductions targets would not be mandatory, acknowledging the one-year-old agreement had no teeth.

Net Zero 293

Net Zero Banking Sustainable Investment Greenwashing 293

Carlos Sanchez

DECEMBER 18, 2022

In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. 2022 Sustainability Summary. In 2022, the voice against “greenwashing” practices was clear and loud. Sustainability trends 2023: Net-Zero roadmaps.

Net Zero 52

Net Zero Carbon Offsets Supply Chain Supply Chains 52

Chris Hall

FEBRUARY 23, 2023

The UK’s Financial Conduct Authority (FCA) was challenged during a parliamentary hearing on Wednesday, on the grounds that funds adhering to the regulator’s proposed rules for sustainability labels may be able to hold fossil fuel firms, some of which have recently rowed back on climate commitments.

Greenwashing 52

Greenwashing Green Investing Sustainable Investment Climate Change 52

Chris Hall

NOVEMBER 19, 2024

A decision by The Hague Court of Appeal to overturn a ruling requiring Shell to almost halve its carbon emissions by 2030 has allowed the firm to delay decarbonisation in the short term. But the oil and gas major’s delay tactics do not mean the firm can completely evade its legal responsibility to mitigate negative climate impacts.

Net Zero 52

Net Zero Paris Agreement Climate Change Sustainable Investment 52

Chris Hall

AUGUST 4, 2023

Sustainable investing of every kind is to some degree geared towards addressing the biggest threats facing our planet and its inhabitants, which means our collective response must itself be monumental. In the absence of such a paradigm, ‘impact-washing’ is fast becoming the most duplicitous form of greenwashing.

Banking 52

Banking Impact Investing Greenwashing Sustainable Investment 52

Chris Hall

OCTOBER 14, 2022

This year, Canada introduced its 2030 Emissions Reduction Plan , which aims to achieve 40-45% emissions reductions below 2005 levels by 2030. C, clarifying fiduciary duty, and strengthening advertising rules to deter greenwashing. Since 2019, every jurisdiction in Canada has imposed a price on carbon pollution.

Climate Change 52

Climate Change Net Zero Paris Agreement Banking 52

Chris Hall

DECEMBER 9, 2022

ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including the Green Finance Institute, FTSE Russell, Glass Lewis, GRESB, NatureMetrics and more. The Global Commons Alliance launched its Accountability Accelerator (GCAA) at COP15.

Analytics 52

Analytics Digitalization CDP Development 52

Sustainable Development Network

JANUARY 9, 2020

Phoebe Koundouria, a Professor from Athens University of Economics and Business, represented the shipping sector, “We need commercially viable zero emission vessels to start entering the global feet by 2030.” Speakers represented LafargeHolcim Espana , the World Green Building Council (WGBC) , ICLEI, and the City of Lima, Peru.

Net Zero 52

Net Zero Decarbonize Paris Agreement Shipping 52

Chris Hall

MARCH 29, 2023

There have also been longstanding concerns on the human rights risks of investing in China – though foreign investors with exposure tell ESG Investor it is unfair to single out the country, pointing to human rights violations happening in the US and Europe too. trillion (US$3.57 trillion) growing from RMB 18.4 trillion in 2021.

Banking 52

Banking Green Bonds Development Net Zero 52