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‘Carbon neutral’ and ‘net-zero’ claims face global greenwash crackdown

Corporate Knights

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. We need to set things straight for consumers and give them full information.”

Net Zero 313
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Are you greenwashing, wishing or walking?

GreenBiz

Are you greenwashing, wishing or walking? Helle Bank Jorgensen. Some are given information about what goals the competitors are setting, and what the talent, customers and investors are expecting and demanding from the board. Thu, 07/15/2021 - 00:01. We are in the middle of the biggest commitment to a green future. Pull Quote.

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Canada's greenwashing law has been a major reality check for the oil lobby

Corporate Knights

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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Memo to Canadian mutual funds: stop greenwashing with vague ‘ESG integration’ claim

Corporate Knights

In a new anti-greenwashing policy, Canadian mutual funds will no longer be able to claim the vague and oft-criticized strategy of “ESG integration” if they want to be included in the country’s official list of responsible investment funds. Since the early 2000s, ESG integration has become a widely used strategy in the financial industry.

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EU Regulators Find Growing Greenwashing Risk for Banks, Asset Managers

ESG Today

The ESAs include The European Banking Authority (EBA), The European Insurance and Occupational Pensions Authority (EIOPA), and The European Securities and Markets Authority (ESMA).

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UK Regulator Bans Lloyds Ad Over Misleading Climate Claims

ESG Today

The regulator ordered Lloyds to no longer display the ad, and to ensure future ads featuring environmental claims did not mislead by omitting significant information which put the claims into context. The regulator noted that Lloyds sustainability report revealed that the banks financed emissions in 2022 reached 32.8

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European Regulators Launch Greenwashing Study

ESG Today

Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs) announced today a Call for Evidence on greenwashing, aimed at gathering information on greenwashing risks and practices across the banking, insurance and financial markets sectors.