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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. Sustainable Investment Forum (U.S. trillion. “We Maria Lettini, CEO of the U.S.

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

Corporate Knights

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainableinvestments.

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The nuclear option

Corporate Knights

Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems? After months of contentious debate, the EU agreed to add natural gas and nuclear to its EU taxonomy, the official list of acceptable sustainable investments to help Europe finance its ambitious climate goals.

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EC Leaning Toward New SFDR Categories

Chris Hall

The European Commissions DG FISMA has emphasised the merits of replacing the Sustainable Finance Disclosure Regulations (SFDR) existing Article 8 and Article 9 labels with formal categories based on clearer criteria. InfluenceMap also reported that Article 8 funds had cumulatively invested 43.8

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SFDR: Market Divided on Future of Article 8, 9 Funds

Chris Hall

Article 8 funds promote “environmental and/or social characteristics”, while Article 9 refers to products that have a sustainable investment objective; all holdings within a fund must be sustainable investments that meet the standard of “do no significant harm”.

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Hari Balasubramanian on Investor Interest in Nature-based Solutions

3BL Media

“Your fiduciary responsibility as an investor needs to account for nature, otherwise you’re not recognizing the underlying value and you’re not understanding the material financial risks associated with your investment decisions,” he says. Lack of investment options. Prime ingredients for value creation.”.

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Momentum Building on the Path to 2050

Chris Hall

Tim Day, Investment Fund Manager at Trina Solar, explains the importance of Europe’s sustainable investment community in the growth of solar power. It’s no secret that the renewable energies industry is crucial to meeting the needs of society without harming the planet for present and future generations.