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EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

The US SIF says this more cautious approach was at least partly triggered by recent US Securities and Exchange Commission (SEC) proposals to crack down on greenwashing by ramping up standards on the names and disclosure requirements for ESG funds. ESG] asset levels will likely move lower to a truer base of real sustainable investing.”.

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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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Moody’s Predicts $1 Trillion Sustainable Bond Market in 2025 Despite Political Headwinds

ESG Today

Global issuance of labelled sustainable bonds including green, social, sustainability, sustainability-linked, and transition bonds is anticipated to again reach around $1 trillion in 2025, according to a new forecast released by Moodys Ratings, as headwinds including political changes from the new U.S.

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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

We need to treat these developments as a call to action. European Commission announces clean industrial deal The EC also announced a clean industrial deal, a plan to encourage high-emitting industries like steel and cement to move toward a net-zero future and incentives for cleantech firms to expand green investments.

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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

BRUSSELS (AP) — The European Union on February 2 proposed including nuclear energy and natural gas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing.” This anti-science plan represents the biggest greenwashing exercise of all time.

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Green taxonomy proposal may overcome Canada's climate finance impasse

Corporate Knights

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition. The EU’s taxonomy has been particularly controversial because of its inclusion of natural gas and nuclear as “green investments.”