Remove Climate Change Remove Green Investing Remove Greenwashing
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EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

I’m reminded of this debate amid the current turmoil over a green investment label in Europe, a situation caused largely by the unwillingness of the sustainable investment sector to create its own industry standard.

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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

At the GLOBExCHANGE conference, Treasury Board President Mona Fortier and Environment Minister Steven Guilbeault announced that companies wanting to supply the federal government on contracts worth more than $25 million will need to comply with new climate change requirements. C scenarios, Routledge said.

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Impact Cubed's New EU Taxonomy Solution Provides Global Insights Into Green Investments

3BL Media

These new rules, intended to counteract greenwashing, spell out the criteria for a green investment and require market participants to disclose how they are aligned with them. The outcome is a seamless approach to customized sustainable investing. Media Contact: Arleta Majoch, COO Impact Cubed Arleta@impact-cubed.com.

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. That includes the percentage of revenue that a firm derives from green sources and the percentage of its capital expenditures that is aimed at low-carbon projects.

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Greenwashing Risk Grows in China ESG Funds

Chris Hall

Chinese asset managers are improving ESG awareness, but weak regulation means green claims often don’t match reality, says Greenpeace. Greenwashing is a growing risk in the Chinese fund management sector, as marketing of ESG products runs ahead of standards and regulatory oversight, a new report by Greenpeace has found.

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Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

The Living Planet Report 2022 shows an average decline of 69% in wildlife populations since 1970, thus emphasizing the dual crises of biodiversity loss and climate change driven by human activities. Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now.

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Redefining ‘Business as Usual’: Three Ways to Overcome Barriers to ESG and Climate Finance

James Militzer

But as the negative impacts of global challenges like climate change grow, it’s becoming increasingly apparent that business as usual won’t even work for businesses themselves. Meanwhile, most people – 79% overall and 90% of investors under age 45 – say they want to invest in socially and environmentally friendly ways.