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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Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

Carney, the former governor of the Bank of England (and Canada) established GFANZ with billionaire Michael Bloomberg at the COP26 UN climate summit last November in Glasgow. and Canadian banks and large investment managers. . Greenwashing is truly a clear and present danger.”. Former U.S.

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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.

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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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Sustainability disclosures: Why we need a global reporting standard in 2022

We Mean Business Coalition

At COP26 in Glasgow the International Financial Reporting Standards (IFRS) Foundation announced the creation of the International Sustainability Standards Board (ISSB) to develop a comprehensive global baseline of sustainability disclosures.

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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.

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