Corporate Knights

AUGUST 13, 2024

Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supply chain. JBS is widely regarded as an ESG pariah.

Divestment 340

Divestment Sustainable Investment Supply Chain Supply Chains 340

Corporate Knights

SEPTEMBER 21, 2023

Humans produce about 2 billion tons of solid waste each year, according to the World Bank, and only about one-fifth of all that waste is recycled or composted. The supply chain that takes apart our stuff is sometimes just as complicated as the ones making them in the first place,” he said.

Waste 306

Waste Supply Chain Supply Chains Greenwashing 306

Corporate Knights

APRIL 28, 2023

Are we addressing the fragmented supply chains, culture of subcontracting, unliveable wages, systemic racism, sexism and infrastructural overhaul needed to protect garment workers? The act will mandate supply-chain mapping, impact disclosures and the implementation of science-based climate targets. Yes and no.

Supply Chain 317

Supply Chain Supply Chains Manufacturing Greenwashing 317

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 120

Greenwashing Net Zero Supply Chain Supply Chains 120

Corporate Knights

JANUARY 8, 2025

Tim Nash, founder, Good Investing Morningstar says that after three years of high growth, managers are being more selective and tactical in their approach ahead of anti-greenwashing regulations in the United Kingdom and Europe. Retail investors push for green funds Its not all doom and gloom.

Greenwashing 295

Greenwashing Climate Change Net Zero Financial Planner 295

Corporate Knights

APRIL 18, 2024

And Tyson isn’t the only one banking on planet-friendly meat to keep consumers coming back to the butcher. As NYU’s Hayek points out, the Scope 3 emissions that Maple Leaf doesn’t include are “the largest slice of their supply chain.” Walmart Canada stocks 2.5

Net Zero 363

Net Zero Regenerative Carbon Offsets Supply Chain 363

ESG Today

JANUARY 21, 2024

This week in ESG news: EU Parliament approves new anti-greenwashing law; investors urge Shell to set Paris-aligned climate targets; Barclays launches new sustainable banking, energy transition investment banking teams; PwC CEO survey finds companies upskilling workers for climate megatrend; Australia drafts law requiring mandatory climate reporting; (..)

Supply Chain 117

Supply Chain Supply Chains Banking Greenwashing 117

ESG Today

OCTOBER 1, 2023

Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects

Chief Sustainability Officer 117

Chief Sustainability Officer Greenwashing Supply Chain Supply Chains 117

ESG Today

JUNE 5, 2024

Alexandra Mihailescu Cichon, Chief Commercial Officer at RepRisk, said: “For a long time, banks, investors, and businesses have been searching for readily deployable thematic risk metrics to streamline their due diligence processes when making financing or investment decisions, engaging new suppliers, or expanding operations.

Supply Chain 120

Supply Chain Supply Chains Greenwashing Banking 120

ESG Today

OCTOBER 30, 2022

Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. UK Regulator Targets Greenwashing with New Sustainable Investment Labels and Disclosure Rules. Deutsche Bank Sets Scope 3 Emissions Reduction Targets for Carbon-Intensive Sectors. Government & Regulators. Operations. Exec Moves.

Greenwashing 117

Greenwashing Decarbonize Supply Chain Supply Chains 117

3BL Media

FEBRUARY 17, 2022

We’ve globalized culture (films, books, TV series) and supply chains. Either way, a lot of multinational banks will have to add new elements to their ESG reporting systems. Professor Yilin Shi (a CSRHub subscriber) reported evidence that many companies may be “greenwashing” their supply chains.

Supply Chain 130

Supply Chain Supply Chains Corporate Social Responsibility Greenwashing 130

ESG Today

FEBRUARY 25, 2024

This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)

Supply Chain 109

Supply Chain Supply Chains Chief Sustainability Officer Green Bonds 109

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

GreenBiz

SEPTEMBER 25, 2020

bank to commit to net-zero emissions generated from its financing activities by 2050. . In a separate announcement, Walmart joined forces with Schneider Electric to "educate Walmart suppliers about renewable energy" and accelerate deployment with the aim of removing a gigaton of carbon from its supply chain (aka Scope 3 emissions). .

Climate Change 239

Climate Change Paris Agreement Net Zero Supply Chain 239

ESG Today

FEBRUARY 26, 2023

This week in ESG news: BNP Paribas faces first-ever commercial bank climate lawsuit; HSBC unveils new financed emissions goals; Republicans urge Congress to block ESG investing rule; Allianz to vote against companies who don’t tie pay to ESG goals; United Airlines launches venture fund for sustainable aviation fuel startups; India proposes ESG investing (..)

Chief Sustainability Officer 109

Chief Sustainability Officer Greenwashing Digital Transformation Net Zero 109

James Militzer

MAY 19, 2022

For example, fossil fuel companies have engaged in ever more blatant greenwashing , touting clean energy in their annual reports and strategies but showing little progress in changing their actual business practices. Missing information also contributes to this gap.

Greenwashing 98

Greenwashing Climate Change Green Investing Supply Chain 98

James Militzer

JUNE 21, 2024

The report attributed this decline to methodology changes made by Alliance member US Sustainable Investment Forum, which tightened its standards regarding what qualifies as a sustainable investment in an attempt to address rising concerns about greenwashing.

Greenwashing 72

Greenwashing Sustainable Investment Climate Change Supply Chain 72

3BL Media

JANUARY 11, 2023

The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas. The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

ESG Today

JULY 19, 2023

What’s more, if stakeholders – such as banks or investors – can prove that they have suffered a financial loss from relying on this information, a potential legal liability can arise. For example, a bank or an insurer may use your transition plan when pricing risk. This is much easier to achieve if you do not “box off” sustainability.

Development 97

Development Banking Climate Change Net Zero 97

3BL Media

MARCH 29, 2022

COP26 kept sustainability at the top of every executive’s agenda, while social movements and supply chain challenges forced a dramatic rethink. There is still a lack of trust regarding organisations’ ESG claims and a perception that companies are guilty of greenwashing or only reporting on positive progress.

COP26 130

COP26 Corporate Social Responsibility Supply Chain Supply Chains 130

B the Change

AUGUST 28, 2022

Banks don’t make furniture; they exist to make money. Human capital metrics impact all industries’ bottom lines through attraction, retention, promotion, pay equity, and even supply chain efforts. It’s a chance to make a difference in a community and within your brand’s constituency.

Digitalization 105

Digitalization Corporate Social Responsibility Supply Chain Supply Chains 105

Chris Hall

MARCH 13, 2025

More recently, the fund has expanded its investments in a company specialising in aluminium recycling and manufacturing equipment for battery production, while a separate investment was allocated to the electrification of trucks and the decarbonisation of the supply chain.

Green Bonds 59

Green Bonds Greenwashing Supply Chain Supply Chains 59

Chris Hall

DECEMBER 5, 2024

European firms are increasingly struggling to compete globally, as highlighted by former president of the European Central Bank (ECB) Mario Draghis recent landmark report. Moreover, it allows banks to move loans off their balance sheets, freeing up capital while providing returns to investors with the risk appetite to purchase the securities.

Banking 59

Banking Supply Chain Supply Chains Greenwashing 59

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Goldman Sachs ‘s and Deutsche Bank’s DWS) for exaggerating claims about their products’ sustainability credentials. Examples are the Swiss art 964 and the German supply chain act. 2022 Sustainability Summary. Source VBA.

Net Zero 52

Net Zero Carbon Offsets Supply Chain Supply Chains 52

Chris Hall

JUNE 15, 2023

As part of the effort, ASIC also anticipates the development of new standards or taxonomies for sustainable investment, as well as further initiatives to combat greenwashing and strengthen ESG labelling. This group has been working on these issues for a number of years now, Longo said.

Greenwashing 52

Greenwashing Supply Chain Supply Chains Development 52

Sustainability Matters

AUGUST 15, 2023

Avoiding the risk of greenwashing “In Australia, taking early action is becoming more urgent due to the current risks of greenwashing. Empty narratives hold no ground anymore if companies need to access capital markets or bank finance. Greenwash risk management has now become a considerable focus.

Greenwashing 52

Greenwashing Climate Change Supply Chain Supply Chains 52

Chris Hall

MAY 19, 2023

One of the short-term impacts of the deluge – which released six months’ rain in less than two days – was the cancellation of this weekend’s F1 Grand Prix, a fitting warning to a globe-trotting circus tainted by greenwashing and sportswashing.

Greenwashing 52

Greenwashing Supply Chain Supply Chains Climate Change 52

Chris Hall

NOVEMBER 9, 2022

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. . We cannot afford any slow movers, fake movers, or any form of greenwashing,” said McKenna, speaking at COP27 yesterday. “We Banks lay out targets .

Net Zero 52

Net Zero Banking Paris Agreement Climate Change 52

Chris Hall

NOVEMBER 25, 2022

The need for reform of the global financial architecture has been building, and was acknowledged in October’s annual World Bank / IMF meetings. At least in Europe, managers can look forward with greater certainty to comprehensive sustainability reporting from corporates , if not necessarily their supply chains. .

Banking 52

Banking Climate Change Supply Chain Supply Chains 52

Steven Mintz

MARCH 8, 2022

Whether that be a person’s commitment to environmental protection, fair labor practices or supply chain transparency, consumers are voting with their wallets in a bid to support responsible business ethics. For starters, you can conduct research on what type of investments your bank holds.

Corporate Social Responsibility 52

Corporate Social Responsibility Supply Chain Supply Chains Impact Investing 52

Chris Hall

AUGUST 10, 2022

This, coupled with a nascent taxonomy process, makes investors even more than usually vulnerable to greenwashing. . Different asset managers and banks require different types of data or different granularities of the data, and this creates a reporting, collation and operational burden on companies. .

Chief Sustainability Officer 52

Chief Sustainability Officer Stewardship Code Greenwashing Banking 52

Chris Hall

JUNE 24, 2022

UKSIF aims to bring together the UK’s sustainable finance and investment community to promote the sector, representing nearly 300 members, managing over £10 trillion in assets under management, including investment managers, pension funds, banks, financial advisers, research providers and NGOs. .

Sustainable Investment 52

Sustainable Investment Net Zero Supply Chain Supply Chains 52

We Mean Business Coalition

NOVEMBER 11, 2022

A new guide from the We Mean Business Coalition, “ The 4 As of Climate Leadership ” defines, in terms of ambition, action, advocacy and accountability, what companies must do to deliver on net-zero commitments and avoid accusations of greenwashing. Ambition: Has the company set the right decarbonization targets?

Net Zero 52

Net Zero Supply Chain Supply Chains CDP 52

Chris Hall

MARCH 1, 2024

Beginning in fiscal year 2024, federally-regulated financial institutions in Canada – including banks and insurance companies – are already mandated to report on climate-related financial risks. This approach indicates a phased rollout, meaning that requirements will gradually extend to different sectors over time.

Banking 59

Banking Net Zero Supply Chain Supply Chains 59

Carlos Sanchez

NOVEMBER 24, 2021

Companies release carbon dioxide and other greenhouse gases into the atmosphere due to their operations and supply chain. This reputation is an immediate concern for offset credit buyers that don’t want customers, investors, or employees to be associate their brand with greenwashing. Many standards available.

Carbon Offsets 59

Carbon Offsets Net Zero COP26 Climate Change 59

Just Capital

APRIL 14, 2023

In an editorial for MarketWatch , JUST Chief Strategy Officer Alison Omens writes on why doing so “offers much more to companies than just an assurance of moral good,” building the business case with examples Bank of America , NVIDIA , and Microsoft. The Washington Post covers the FTC’s expected crackdown on ‘greenwashing.’

Chief Sustainability Officer 52

Chief Sustainability Officer Supply Chain Supply Chains Zero Carbon 52

Chris Hall

DECEMBER 20, 2023

Tripling renewables means addressing land use and planning, threats to biodiversity, and supply chain-related issues,” he says. MDBs, led by the World Bank, maintained a high profile at COP28, building on the progress on reforming public lenders’ processes and practices at the recent World Bank-IMF meetings in Morocco.

Net Zero 84

Net Zero Paris Agreement UNEP Development 84