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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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How Millennials Can Make an Impact With Their Money

3BL Media

According to a 2021 survey by Morgan Stanley, 99 percent of millennials surveyed were interested in sustainable investing, an all-time high. Interest in sustainability persisted despite the COVID-19 pandemic and climate change is the key focus. More than any other group, millennials are keen to make an impact with their money.

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UK Launches “Green Nudge” Initiative to Encourage Sustainable Investment Choices

ESG Today

The UK government’s Department for Works and Pensions (DWP) announced today the launch of “Green Nudge”, a new three-week trial aimed at encouraging pension savers to make green investment choices and increase engagement on the sustainability of pension investments.

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European Lawmakers Defeat Move to Keep Nuclear and Gas out of Green Investment Taxonomy

ESG Today

Sustainability-focused and sustainable investment groups reacted to the vote with disappointment. Branding fossil gas as transitional and green in the Taxonomy is unlawful as it clashes with the EU’s key climate legislation, including the European Climate Law and the Taxonomy regulation itself.”.

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Proposed EU Financial Services Commissioner to Push for Sustainable Investment Product Labels, Reduced Reporting Burdens

ESG Today

In its review, however, the Commission expressed concern that the Article 8 and 9 classifications were being used as de-facto sustainability quality labels, raising potential greenwashing risks. That is why if I am confirmed, I will look into the possibility of creating a proper labelling system.”

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The incredible shrinking climate ambitions of the world's largest asset managers

Corporate Knights

times more equity in fossil fuel production companies ($880 billion) than in green investments ($309 billion), while the percentage of those carrying out “truly ambitious and effective climate stewardship practices” has shrunk by 45% since 2021: just 18% received an A grade this year, versus 33% in 2021. trillion (all figures in U.S.

Net Zero 246
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New $400 Million Japan Low Carbon Hydrogen Development Fund Backed by Toyota, SMBC, TotalEnergies, Others

ESG Today

The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.