Chris Hall

JANUARY 31, 2023

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”

Greenwashing 96

Greenwashing Net Zero CDP Sustainable Investment 96

ESG Today

OCTOBER 19, 2022

The ruling referred to ads displayed in bus stops in London and Bristol in October 2021, in the run-up to the COP26 climate conference, promoting HSBC’s initiatives to provide up to $1 trillion in finance and investment to help clients transition to net zero, and to help plant 2 million trees.

Net Zero 136

Net Zero Greenwashing Banking Paris Agreement 136

3BL Media

APRIL 19, 2022

Jordan Locke, a recruitment consultant in Acre's Global Sustainable Finance & Impact Investing Team, sat down with Business Insider alongside a group of industry experts to discuss the current ESG talent shortage, ‘greenwashing’ and the rapid pace of change. . Greenwashing kind of falls into that same skepticism.

Greenwashing 130

Greenwashing Sustainable Investment Global Economy Banking 130

ESG Today

NOVEMBER 13, 2023

For the report, BI’s inaugural ESG Market Navigator, Bloomberg surveyed 250 C-suite executives across a wide range of sectors, and 250 senior investors including asset managers, wealth managers and investment banks, across North America, Europe and Asia Pacific.

Greenwashing 122

Greenwashing Net Zero Supply Chain Supply Chains 122

Chris Hall

NOVEMBER 9, 2022

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

Net Zero 52

Net Zero Banking Paris Agreement Climate Change 52

Chris Hall

APRIL 12, 2022

The Science-Based Targets Initiative (SBTi) has set out four guiding principles for financial institutions (FIs) to follow to ensure their net zero strategies are consistent with action required to meet “planetary level” emissions targets, in keeping with wider sustainability and societal climate goals. Addressing greenwashing.

Net Zero 52

Net Zero Banking COP26 Paris Agreement 52

Chris Hall

JUNE 17, 2022

Climate negotiators, Wall Street executives and pretty much anyone involved in efforts to decarbonise the planet were left in little doubt that the path to net zero means constant improvement and rigorous scrutiny. It wasn’t just investors who were given some sharp reminders this week about why they should “ worry about climate risk ”.

Net Zero 52

Net Zero Greenwashing Digital Transformation Impact Investing 52

ESG Today

JUNE 11, 2023

This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S.

Greenwashing 99

Greenwashing Decarbonize Banking Net Zero 99

3BL Media

JANUARY 18, 2024

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.

Green Bonds 147

Green Bonds Greenwashing Net Zero Climate Change 147

ESG Today

JULY 31, 2022

Sobeys Parent Empire Commits to Net Zero Goals. AllianceBernstein Commits to Net Zero Investments and Operations. Nestlé Opens $340 Million Green Electricity-Powered, Zero Wastewater Coffee Factory in Mexico. ECB, ESRB Report Finds Climate Shocks Can Spread Quickly Across Banks, Companies, Financial System.

Chief Sustainability Officer 116

Chief Sustainability Officer Greenwashing Net Zero Logistics 116

Chris Hall

JULY 1, 2022

Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”.

Net Zero 98

Net Zero UNEP Greenwashing Banking 98

Environmental Finance

JUNE 21, 2022

Failure by a bank to meet a carbon reduction target would not necessarily constitute greenwashing, an influential regulator has claimed.

Greenwashing 45

Greenwashing Net Zero Banking 45

ESG Today

JULY 10, 2022

Pfizer Announces 2040 Net Zero Commitment. SLC Management Commits $139 Billion Portfolio to Net Zero by 2050. ECB Climate Stress Test: Banks are Overexposed, Underprepared for Climate Risk. K2 Launches ESG Certification for Fund Managers to Tackle Greenwashing Risk. Government & Regulators.

Net Zero 98

Net Zero Banking Greenwashing Green Investing 98

Chris Hall

APRIL 21, 2023

Code of conduct for ESG ratings and data providers, grant schemes for transition bonds and loans, and ISSB-aligned disclosures included in action plan. The Monetary Authority of Singapore (MAS) has launched a net zero transition financing plan as part of the city-state’s climate and sustainability agenda.

Net Zero 52

Net Zero Climate Change Development Greenwashing 52

Alaistair Marsh

APRIL 26, 2023

Big banks are finally starting to provide details about how they will achieve their sustainability promises. But the risk of greenwashing remains.

Net Zero 51

Net Zero Greenwashing Banking 51

Carlos Sanchez

NOVEMBER 24, 2021

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

Carbon Offsets 59

Carbon Offsets Net Zero COP26 Climate Change 59

We Mean Business Coalition

NOVEMBER 11, 2022

Join thousands of companies seizing the opportunities of climate action for a net zero, 1.5°C-aligned To ensure we halve global emissions by 2030, companies need to set science-based targets , following the Net Zero Corporate Standard , including five to ten-year targets for deep, rapid emissions cuts across their value chains.

Net Zero 52

Net Zero Supply Chain Supply Chains CDP 52

GreenBiz

SEPTEMBER 25, 2020

bank to commit to net-zero emissions generated from its financing activities by 2050. . Because yahoos such as me write critical columns about how they’re greenwashing or failing to do enough. Some of the most notable (some announced in the run-up to Climate Week) include: . Morgan Stanley became the first major U.S.

Climate Change 239

Climate Change Paris Agreement Net Zero Supply Chains 239

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

ESG Today

JULY 8, 2022

Index provider S&P Dow Jones Indices (S&P DJI) and Bank of China Hong Kong (BOCHK) announced today the launch of the first climate transition index covering companies in the China Hong Kong Greater Bay Area (GBA).

Net Zero 98

Net Zero Paris Agreement Decarbonize Greenwashing 98

Chris Hall

MARCH 15, 2024

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.

Sustainable Investment 64

Sustainable Investment Greenwashing Net Zero Banking 64

3BL Media

JANUARY 24, 2024

Assurance over corporate climate disclosure is critical to prevent greenwashing and ensure that investors can make decisions promoting long-term shareholder value and economic growth.” “Institutional investors have made it clear that they need consistent, comparable, decision-useful climate data,” said Steven M.

Climate Change 147

Climate Change Net Zero Greenwashing Banking 147

Renewable Energy World

NOVEMBER 24, 2021

Indian Prime Minister Narendra Modi’s announcement in the first days (much to the surprise of Indian observers) that India would reach net zero emissions by 2070 and generate 50% of its energy from renewables by 2030 helped lower that trajectory to 2.4°C. Finance pledges and cries of ‘greenwashing’.

COP26 93

COP26 Net Zero Bend the Curve Greenwashing 93

3BL Media

DECEMBER 20, 2023

The World Bank, for example, has committed to allocating 45% of its capital to climate-related transactions. To this end, according to the Climate Policy Initiative , public financial institutions need to move from project-based approaches to more coordinated country platforms with local financial insitutions or national development banks.

UNEP 147

UNEP Climate Change Banking Development 147

ESG Today

DECEMBER 18, 2024

Source: Adfree Cities The ad was challenged by ad-focused activist group Adfree Cities in May 2024, who claimed that the ads constituted greenwashing, and fell short of the UK advertising Codes which require ads not to mislead by omitting material information, in this case by leaving out information regarding Lloyds contribution to GHG emissions.

Banking 61

Banking Net Zero Greenwashing 61

ESG Today

FEBRUARY 9, 2023

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

Net Zero 98

Net Zero Climate Change Paris Agreement Greenwashing 98

Chris Hall

NOVEMBER 1, 2024

Rachel Reeves is not the first Chancellor of the Exchequer to commit to pursuing policies to deliver net zero. billion) in capital investment over the next five years, enabled by a change to the government’s fiscal rules, some of which will be channeled into the net zero transition via GB Energy and the National Wealth Fund.

Net Zero 80

Net Zero Climate Change Paris Agreement Greenwashing 80

Chris Hall

MARCH 31, 2022

Linking our factual data to tech-enabled tools is a powerful antidote to ESG ratings confusion and concerns about greenwashing.” Dr Allister Furey, co-founder and CEO of Sylvera, said after emissions reductions, carbon markets are the greatest tool to achieve net zero, but have been hamstrung by “asymmetric information”.

Greenwashing 52

Greenwashing Net Zero Analytics Carbon Offsets 52

Chris Hall

JANUARY 30, 2024

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Renewable Energy World

NOVEMBER 10, 2021

There has been a shift at this year’s summit, from making pledges to reach net zero emissions by 2050 to a focus on actions to cut emissions by 2030. The international financial community formed a broad alliance of firms committed to net zero, attracting accusations of greenwashing. Courtesy: Li-An Lim/Unsplash).

Net Zero 74

Net Zero COP26 Climate Change Banking 74

Chris Hall

JUNE 22, 2022

On the investment side, many managers have signed up to the Net Zero Asset Managers (NZAM) initiative, are using the Institutional Investors Group on Climate Change’s Net Zero Investment Framework to set and monitor targets, and have joined the investor-led initiative Climate Action 100+. . Phasing down and out .

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

FEBRUARY 2, 2024

Many of the difficulties stem from how multilateral development banks (MDBs) operate and interact with the private sector, but one channel for private investment flows was also flagged as problematic this week. 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

Chris Hall

MARCH 22, 2022

New tool identifies greenwashing, finds GFANZ exclusion policies lagging net zero pledges. Fewer than half of the 150 largest financial institutions worldwide have implemented oil and gas exclusion policies, according to a new tool designed to track the fossil fuel exposures of banks, insurers and investors.

Net Zero 52

Net Zero Paris Agreement Banking Greenwashing 52

Chris Hall

SEPTEMBER 27, 2023

The Glasgow Financial Alliance for Net Zero (GFANZ) will be delivering half of the financial commitments made to Indonesia and Vietnam. South Africa’s electricity system currently depends on coal for more than 80% of its power; the partnership is estimated to prevent between one to 1.5

Net Zero 86

Net Zero Development Banking Green Bonds 86

Chris Hall

SEPTEMBER 22, 2023

Nine out of ten – Using home-field advantage in New York Climate Week , US Treasury Secretary Janet Yellen unveiled nine “voluntary” ‘Principles for Net-Zero Financing and Investment’, aimed at promoting “consistency and credibility” in the actions of financial institutions that have made net zero commitments.

Net Zero 59

Net Zero Greenwashing Zero Carbon Manufacturing 59

3BL Media

MAY 4, 2022

In this paper, we describe our process for assessing ESG-labeled bonds and show that, by systematically applying this framework, investors can help set a gold standard for the market, avoid surprises from controversy and greenwashing, and potentially generate more alpha over time. Less Greenwashing Can Mean More Alpha.

Green Bonds 130

Green Bonds Greenwashing Banking Net Zero 130

Chris Hall

OCTOBER 30, 2024

There are now over 100 transition-labelled funds, but investors can’t yet be sure they will keep their promises.

Net Zero 83

Net Zero Greenwashing Development Green Bonds 83