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Who are the top PR firms greenwashing Big Oil at COP29?

Corporate Knights

Three months later, Clean Creatives published a report documenting over 1,000 fossil fuel contracts in the PR and advertising industry since the start of 2023. The company is in line to earn $5 million for this work, according to documents the company filed with the U.S. The post Who are the top PR firms greenwashing Big Oil at COP29?

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Can fossil fuel lobbyists be barred from global climate talks?

Corporate Knights

The landmark Paris Agreement was forged in the corridors of COP21 back in 2015. Turning COP into a venue for greenwashing Oil and gas did not show up to the COP party uninvited. They are granted pavilions, theyre given official space for their greenwashing. Now there are growing calls to wrest control back.

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UN Ramps up Pressure on Financial Institutions 

Chris Hall

Given the mixed track record of the finance sector in aligning with the goals of the Paris Agreement, its response to the increased pressure is seen as key test of major institutions’ ability to transition long-established business models. . Phasing down and out . commitment ?they they have made and?for for implementing?the

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Greenwashing Managers Must Heed Watchdogs’ Bark

Chris Hall

Asset managers should expect and prepare to be challenged on the sustainability credentials of their ESG-labelled funds as financial markets watchdogs clamp down on greenwashing, according to regulatory experts. . Growing concerns over greenwashing and mislabelling were highlighted in a 2021 report published by think tank InfluenceMap. .

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Take-off for the Net Zero Transition  

Chris Hall

Ahead of the conference, the data had been collected and analysed, with assessments delivered on the effectiveness of actions taken to date, primarily in the form of signatories’ nationally determined contributions (NDCs) to the Paris Agreement. That’s a good outcome for a consensus document.” The official verdict was clear.

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Not-so-green Taxonomy Increases Workload for Investors

Chris Hall

To be included in the taxonomy, gas-fired power or heat assets must have lifecycle emissions below 100 grams of CO2 per kilowatt hour or “meet a number of stringent conditions and obtain a construction permit by 2030”, according to the Commission’s Q&A document. Members of the Joint ECON/ENVI Committee previously objected to the DA. .

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The policy won’t affect money that has already gone out the door or commitments that have already been signed, there is no published calculation of the future subsidies that will now be foregone, and the documents provide no cost figures for 129 non-tax measures that could be shifted as a result of this week's announcement.