Banking Greenwashing Net Zero 
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
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. .
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Corporate Knights
JULY 4, 2022
Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. In many cases, corporations or local governments don’t yet know how they will achieve net-zero status by 2050.
Corporate Knights
OCTOBER 3, 2022
Mark Carney’s US$130-trillion Glasgow Financial Alliance for Net Zero (GFANZ) has lost two pension funds and a consulting company in recent weeks, and some large U.S. and Canadian banks are threatening to withdraw because of new membership criteria requiring a fossil fuel phase-down. Former U.S.
Corporate Knights
MARCH 21, 2022
Hundreds of corporations are proclaiming their climate commitments with four little words: net-zero by 2050. A new Corporate Climate Responsibility Monitor report examined 25 global giants – from Amazon to Volkswagen – that have publicly made net-zero or carbon-neutral commitments. oil] states.”
GreenBiz
JULY 15, 2021
Are you greenwashing, wishing or walking? Helle Bank Jorgensen. Companies and countries all over the world are committing to net-zero goals and pledges to the SDGs; diversity, equity and inclusion goals; human rights — the list goes on. Many boardrooms around the world are presented with net-zero goals.
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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