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After three years of a prominent advertising campaign on the industry’s coordinated plan to reduce oil sands emissions; one that had spread far and wide across digital and traditional media platforms; Pathways suddenly removed its entire online presence – a vital sign of life for any organization. And it is worth noting what has changed.
Theme: Navigating the energy transition Register today Thursday 14 November 2024 11:30am – 1:00pm (GMT+4) | Greenwashing: Are your green claims robust enough to withstand scrutiny and avoid greenwashing accusations? With sustainability and transparency at the forefront of the business landscape, the issue of greenwashing has emerged.
Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. A "Digital Technology and the Planet" report from the Royal Society in London recently suggested citizens soon could be use their mobile devices to capture and share emissions data in real time.
Climate and environmental sustainability advocacy group Global Witness announced today that it has submitted a complaint to the SEC, accusing energy giant Shell of greenwashing by misleading investors about the amount of investment it is directing towards renewable energy.
As the medium goes digital and the message becomes more subtle and diffuse, pro-oil marketing is being baked into our social media feeds and infiltrating climate conferences. Cancelling oil industry greenwash There’s a growing consensus that the PR companies involved in greenwashed campaigns need to be held to account.
Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded strongly in Q1 2023, resuming double-digit growth trends after falling 18% in 2022, according to a new report from Moody’s Investors Service. trillion in 2021.
Matthew Shankland, Head of Sidley Austin’s London-based Disputes Resolution Practice, outlines how i nvestor s can mitigate against the increased risk of greenwashing-related issues in company advertising. Under English law, there is no specific cause of action for, or law governing, greenwashing.
Climate negotiators, Wall Street executives and pretty much anyone involved in efforts to decarbonise the planet were left in little doubt that the path to netzero means constant improvement and rigorous scrutiny. The post ICYMI, the Path to NetZero is Getting Steeper appeared first on ESG Investor.
To get all sectors and industries to zero emissions, I have created The Global Network for Zero. We’re here to disrupt the old mindset, digitizing climate action and demolishing the market barriers and roadblocks that have too long stood in the way of progress.
In 2024, AI's impact on sustainability will enter the spotlight, and organizations will start to monitor the carbon footprint of their entire technology infrastructure as they strive to meet net-zero targets. This will help avoid greenwashing claims and accelerate the drive to netzero.
These claims are a result of the increasing pressure on companies from regulators, customers, investors, employees and trade unions to provide a greater degree of environmental accountability — that’s the reason you see “Made in a NetZero Factory” printed on your cosmetics, for example.
While a focus on ESG has been prevalent for some time now, this surge in interest has been fueled by Canada’s commitment to achieving net-zero emissions by 2050 and an increasing number of stakeholders who expect ESG considerations be integrated into their investment programs.
Transition” refers to activities that do not meet the green thresholds now but are on a pathway to netzero or contributing to netzero outcomes. The measures in sum: The package of measures is intended to improve trust and transparency in the market for sustainable investment products and minimize greenwashing.
This week in ESG news: BNP Paribas faces first-ever commercial bank climate lawsuit; HSBC unveils new financed emissions goals; Republicans urge Congress to block ESG investing rule; Allianz to vote against companies who don’t tie pay to ESG goals; United Airlines launches venture fund for sustainable aviation fuel startups; India proposes ESG investing (..)
Linking our factual data to tech-enabled tools is a powerful antidote to ESG ratings confusion and concerns about greenwashing.” Dr Allister Furey, co-founder and CEO of Sylvera, said after emissions reductions, carbon markets are the greatest tool to achieve netzero, but have been hamstrung by “asymmetric information”.
Raised by two environmentalists, she’s dedicated to ensuring women have equal opportunity to succeed in our net-zero future. Last year, Folino’s firm made a commitment to make its operations and assets under management net-zero by 2050 or earlier – a challenge he’s embracing with open arms.
PLSA) digital ESG Conference 2022. These new requirements are part of a bigger push right across the economy for new standards on environmental reporting to weed out greenwashing and support our transition to a netzero financial system – for example, through our new Sustainability Disclosure Requirements ,” she said.
Many companies are actively planning and implementing policies to reach netzero by 2050, for instance. While others, in addition to setting net-zero goals, are using ESG to help them create innovative products and services that are good for the environment and good for business.
Below is a summary of the discussions and key recommendations for achieving netzero emissions by mid-century. As of September 2019, at least 77 countries and 100 cities have committed to netzero carbon emissions by 2050. Day two centered around the overarching themes of defining metrics and the systems approach.
The governance failures also extend to politicians who have been unwilling or unable to fill the void in our G-Zero world, resulting in an uneasy accommodation with autocracy and aggression. Gold soared, as its digital replacement plummeted, while new energy and commodity price spikes stoked broader inflation and growth fears.
A tracking tool recently released by third-party carbon credit verification organisation Verra – which aims to boost the transparency of carbon capture and sequestration products – is among the latest in a wave of initiatives utilising digital solutions to tackle market mistrust and confusion.
Greenomy is working with the European Financial Reporting Advisory Group’s digitisation working group and the Financial Conduct Authority digital sandbox in the UK, with the aim of offering solutions that will assist firms, investors and regulators as they drive economies toward netzero. “We’re Verified data.
From Sunday 6 April, the UKs Competition and Markets Authority (CMA) has been granted significantly enhanced enforcement powers under the Digital Markets, Competition and Consumers (DMCC) Act.
Only by moving from averages to actuals audited at reasonable assurance can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet. Accenture is helping organizations achieve their net-zero and sustainability targets in a rapidly evolving regulatory landscape.
One of the first senior central bankers to flag the financial risks of climate change , he played a leading role in both the Task Force on Climate-related Financial Disclosures and the Glasgow Financial Alliance for NetZero. This at least will have the practical benefit of helping to put the era of greenwashing behind us.
I specialize in historically informed research on how technological development and deployment can perpetuate the climate crisis and the political functions of digital data systems in water and natural resource management. The Cloud of Net-Zero. Carbon stories are a major feature of climate transition agendas.
Russia’s emissions reduction target is only 30 percent below 1990 levels by 2030, 80 percent below 1990 levels by 2050 and netzero by 2060. Zelenskyy has emerged as a hero across the full spectrum of digital platforms, and he is decisively winning the information war.
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