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EE: There’s a general concern about greenwashing and the dissonance between what many companies say they believe about ESG issues and what they are actually doing. Do you feel corporate greenwashing has increased or decreased from the 1970s and ’80s? Climatechange cannot be addressed by only changing your portfolio.
along with ongoing corporate greenwashing and fossil-fuel disinformation, it’s sometimes hard to tell if society is moving forward or slipping back. Our mission is to shine a light on the heroes of the battle against climatechange,” notes report co-author Toby Heaps, CEO of Corporate Knights. The Clean200 uses negativescreens.
In fact, almost 85 percent of individual investors say they are interested in sustainable investing and more than three quarters believe they can use their investments to influence the extent of climatechange. As a result, to feel better, these investors want to screen out problematic companies from their investment portfolio.
In 2022, the voice against “greenwashing” practices was clear and loud. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends. Among investors, sustainable investing is evolving from negativescreening toward engaging with companies. 2022 Sustainability Summary.
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