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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

Environmental groups complain that the group is rife with conflicts of interest in setting green investment standards for themselves, given their considerable reliance on oil and gas business. The Canadian sustainable finance council comprises 25 institutions, including banks, pension funds, insurance companies and credit unions.

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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Building on previous commitments that increase green investments or restrict financing to certain high-emitting activities, recent pledges add to growing evidence that banks are taking a more holistic approach to the climate emergency. Tools for analysis.

Net Zero 365
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The nuclear option

Corporate Knights

A few weeks after Ontario’s announcement, the Canadian federal government became the first national government to issue a green bond that included nuclear expenditures. Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems?

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EC Leaning Toward New SFDR Categories

Chris Hall

Investors have been in limbo for six months about the future of the regulation, which provides guidelines on the disclosures required of green investment vehicles. Therefore, replacing this current framework with actual categories with clear criteria is a possibility.

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Cascale, Worldly Host Climate Event, Mark Decarbonization Steps

3BL Media

At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supply chain decarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month.

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The High Cost of Climate Inaction

3BL Media

C in the near-term, would cause unavoidable increases in multiple climate hazards and present multiple risks to ecosystems and humans.”. We have limited time to transform investment patterns and capital allocation to avoid crossing tipping points that could lead to a hothouse earth. C goal will fall quickly out of reach.”.

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Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Lettini said she believes public policy will be a strong driver for the sector in the U.S.