Remove COP26 Remove Greenwashing Remove Sustainable Investment
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A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. And citizens and consumers will have the kind of granular information they need to more effectively target the decision-makers and brands standing in the way of a sustainable future.

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Three New Green Labels for UK Funds

Chris Hall

The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainable investments. Greenwashing misleads consumers and erodes trust in all ESG products,” said Sacha Sadan, FCA’s Director of ESG. .

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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

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 135
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An Increasing Sense of Urgency

Chris Hall

These long-held principles of sustainability have filtered down to the world of investment. According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016.

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Credible Data for a Sustainable Future

Chris Hall

Risk of greenwashing. Accurate, comparable data is critical to prevent misallocation of capital away from transitional activities and any exposure of sustainable finance to the risk of greenwashing.

COP26 52
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UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

The UK initially committed to introduce mandatory disclosure of transition plans from financial institutions and listed companies during the COP26, resulting in the formation of the Transition Plan Taskforce (TPT) in 2021.

Banking 59
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Take Five: No Mean Achievement 

Chris Hall

In the circumstances, others noted , preventing backsliding from COP26 was no mean achievement, nor were the efforts of Indonesia and India to maintain the G20 leaders ’ commitment to climate action last week in Bali.

Banking 52