Corporate Knights
SEPTEMBER 16, 2022
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. . Treasury Department. .
Corporate Knights
FEBRUARY 22, 2022
A shareholder advocacy group is challenging the Royal Bank of Canada’s (RBC) use of a fast-growing new financing tool called sustainability-linked debt, in which companies promise to pay financial penalties if they don’t meet social and environmental performance targets.
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Corporate Knights
MAY 17, 2023
Back in 1986, an ecologist on a research trip to Fiji reportedly coined the term “greenwashing” in an essay critiquing a beachfront resort’s towel reuse policy. Four decades later, greenwashed marketing claims, did not, it turns out, come out in the wash. The agency only issues greenwashing fines only every few years.
Corporate Knights
OCTOBER 14, 2022
The federal Competition Bureau’s decision to investigate charges of misleading advertising against the Royal Bank of Canada is a sign that federal regulators are paying closer attention to the climate crisis and its causes, says the environmental law charity that filed the case.
GreenBiz
JULY 15, 2021
Are you greenwashing, wishing or walking? Helle Bank Jorgensen. Some boards approve, some feel comfortable doing so and are hoping for the best; others are afraid to be called out on greenwashing but approve them anyway, because "everyone else" are setting goals. Thu, 07/15/2021 - 00:01. Because it does. Pull Quote.
Corporate Knights
JANUARY 12, 2024
In 2022, the Canadian Competition Bureau launched an investigation into whether the Royal Bank of Canada’s advertisements amounted to greenwashing. Now it might be the Ontario Securities Commission’s turn to look into the bank’s green claims. And that’s a problem, Price says. “We
Corporate Knights
JULY 23, 2024
Canada’s new greenwashing ban rattles fossil fuel industry Parliament grilled Canada's Big Five banks on their fossil fuel financing - here's why it matters It remains to be seen how and where Pathways will launch its next public advertising campaign, if it chooses to launch one at all. Then came the threats.
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