GreenBiz

APRIL 13, 2023

The upshot: They may do better with proper tools, information and incentives.

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Greenwashing 359

Corporate Knights

JULY 20, 2023

Increasingly savvy customers want to know about the green options that exist, and a vast majority also want to know what makes them “green.” This shifting trend, combined with the global anti-greenwashing regulatory crackdown spurred by the U.K., In many ways, they turn into greenwashing watchdogs. the EU, the U.S.

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Corporate Knights

JUNE 28, 2024

That pre-emptive action is proof of that which activists in Canada say has long been in plain sight: greenwashing is rampant in the fourth-largest petroleum-producing country in the world – but will new legislative ammo effectively tackle it? Other oil and gas companies have removed information from their websites or added disclaimers.

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Greenwashing Net Zero Zero Carbon Climate Change 215

Corporate Knights

OCTOBER 28, 2022

There’s a dictionary-official definition for RBC’s climate targets: it’s called greenwashing,” said Richard Brooks, climate finance program director at Stand.earth. We have set ambitious targets that are informed by science and input from our front-line business teams. This article is republished from The Energy Mix.

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Greenwashing Net Zero Banking Decarbonize 255

Corporate Knights

SEPTEMBER 25, 2024

Earlier this month, the Canadian Association of Petroleum Producers publicly criticized the federal government’s new greenwashing rules, saying they “effectively silence” climate discussion, impeding companies from speaking to Canadians about their projects’ green credentials. Iris Fairley-Beam is an independent legal researcher.

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Greenwashing Greenhouse Gas Protocol Net Zero 196

Corporate Knights

SEPTEMBER 16, 2024

In a new anti-greenwashing policy, Canadian mutual funds will no longer be able to claim the vague and oft-criticized strategy of “ESG integration” if they want to be included in the country’s official list of responsible investment funds. Since the early 2000s, ESG integration has become a widely used strategy in the financial industry.

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Greenwashing Impact Investing Banking 184

ESG Today

NOVEMBER 15, 2022

Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs) announced today a Call for Evidence on greenwashing, aimed at gathering information on greenwashing risks and practices across the banking, insurance and financial markets sectors.

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Greenwashing Sustainable Investment Banking 128

3BL Media

NOVEMBER 18, 2024

As companies respond to demands for both mandatory and voluntary ESG disclosures, the risk of greenwashing grows. Investors and customers are also initiating litigation to hold companies accountable for greenwashing. Why evaluate greenwashing risks? Recent studies highlight how prevalent greenwashing has become.

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3BL Media

NOVEMBER 7, 2023

Matthew Rusk, Head of GRI North America, served as a panelist in a session titled " Defending Your ESG Credibility - Protecting Your Business From Greenwashing Claims." GRI’s focus on standardized reporting, improved efficiency and precision in data collection, as well as disclosure auditability helps prevent corporate greenwashing.

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ESG Today

FEBRUARY 7, 2023

The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has informed asset managers that it will be testing the ESG and sustainable investing claims made in their communications with investors, as part of its efforts to reduce greenwashing risk.

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Greenwashing Sustainable Investment Development 135

ESG Today

MARCH 22, 2023

The European Commission on Wednesday unveiled the proposed “Directive on Green Claims,” a new set of rules requiring companies to substantiate and verify their environmental claims and labels, aimed at protecting consumers from greenwashing. Unfortunately, way too often these claims are made with no evidence and justification whatsoever.

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Greenwashing Development 138

ESG Today

SEPTEMBER 26, 2024

The investigation comes as EU regulators and lawmakers have taken a series of actions aimed at addressing greenwashing and protecting consumers from misleading sustainability claims. In the UK , the Competition and Markets Authority (CMA) has focused most of its greenwashing efforts to date on the fashion sector.

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ESG Today

MARCH 6, 2023

Australia’s competition regulator the Australian Competition and Consumer Commission (ACCC) said that it will be investigating companies for potential greenwashing, after it conducted a study that found concerning environmental or sustainability-related claims from over half of businesses reviewed.

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Greenwashing Supply Chains Supply Chain 135

B the Change

FEBRUARY 4, 2023

That means avoiding “greenwashing,” or false communications about environmental action. Greenwashing is a big problem. You’ve probably heard of greenwashing. We define greenwashing and explain why it hurts your company. What Is Greenwashing? Greenwashing can be either intentional or unintentional.

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Greenwashing Carbon Offsets Net Zero Academics 116

Corporate Knights

MARCH 7, 2025

Investors often relied on simplified decision cues like labels and financial returns to navigate complex financial information. The greenwashing challenge Our findings highlight both the potential and pitfalls of sustainable finance. Investors with a high-risk tolerance were more likely to invest in green bonds.

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Green Bonds Greenwashing Sustainable Investment 130

ESG Today

JUNE 5, 2023

Key sources of greenwashing risk identified by the regulators included claims about sustainability impact and company engagement made by asset managers, litigation risk related to misleading ESG claims made by banks, and misleading product claims by pension and insurance providers.

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Greenwashing Banking Sustainable Investment Decarbonize 109

ESG Today

JULY 27, 2022

A fundamental aim, if not the primary aim, of the regulation is to reduce “information asymmetries” in terms of information flows and transparency so end investors can compare products that claim to invest sustainably. It doesn’t bode well and surely adds to the potential for greenwashing. Fiduciary duties.

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Greenwashing Sustainable Investment Digitalization 104

ESG Today

JUNE 21, 2023

While often unintentional, this discrepancy is nevertheless harmful to investors, customers, employees and others who rely on this information when making decisions. The colloquial term for this phenomenon, particularly as it relates to sustainability, is greenwashing, and it’s far from novel.

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Greenwashing Principal Adverse Impact Indicators Carbon Offsets Net Zero 113

Chris Hall

JANUARY 31, 2023

A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”

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ESG Today

MARCH 28, 2024

The cases follow a warning by ASIC Chair Joseph Longo to providers of investment funds and financial products that the regulator was watching out for misleading sustainability claims, and that it was providing guidance for fund managers and issuers to keep clear of greenwashing.

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Greenwashing Sustainable Investment 109

ESG Today

DECEMBER 18, 2024

The regulator ordered Lloyds to no longer display the ad, and to ensure future ads featuring environmental claims did not mislead by omitting significant information which put the claims into context. ASA said in its ruling that by omitting this material information, the ad would be likely to mislead.

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ESG Today

JUNE 7, 2023

The ASA added: “Because the ads did not include such information, we concluded that they omitted material information and were likely to mislead.” The post UK Bans Shell, Petronas, Repsol Ads in Greenwashing Crackdown first appeared on ESG Today.

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ESG Today

MAY 28, 2024

In its response to the consultation, ESMA acknowledged that EFRAG was required “to strike a difficult balance” between addressing proportionality concerns in setting sustainability reporting requirements for smaller businesses with the need to provide transparency and reliability of information to investors.

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ESG Today

SEPTEMBER 26, 2023

DWS has agreed to a $19 million fine to settle the charges, marking the largest-ever greenwashing penalty imposed on an asset manager by the SEC.

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Greenwashing Banking 131

ESG Today

OCTOBER 3, 2023

The greenwashing case was brought by Austria’s Association for Consumer Information (VKI). The ruling ordered the airline to publish information about the case on its social media. The case marked the latest in a series of greenwashing challenges for airlines. between Vienna and Venice.

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Greenwashing Decarbonize Waste Development 113

3BL Media

APRIL 19, 2022

Jordan Locke, a recruitment consultant in Acre's Global Sustainable Finance & Impact Investing Team, sat down with Business Insider alongside a group of industry experts to discuss the current ESG talent shortage, ‘greenwashing’ and the rapid pace of change. . Greenwashing kind of falls into that same skepticism.

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Greenwashing Sustainable Investment Global Economy Banking 130

Corporate Knights

FEBRUARY 8, 2022

Back then, some members of the SIO, the precursor to today’s Responsible Investment Association (RIA), felt the lack of a sustainability label placed the industry at risk of greenwashing. The fear 20 years ago that a green investment label could itself enable greenwashing is now playing out two decades later in Europe.

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ESG Today

JUNE 17, 2024

The European Council today announced today that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services.

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Greenwashing Net Zero Carbon Offsets Climate Change 113

Environmental News Bits

APRIL 19, 2022

The European Commission has proposed to update the EU consumer rules, aiming to obligate producers to provide information on products’ durability and reparability and ban ‘greenwashing’ practices.

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Greenwashing 81

ESG Today

JUNE 29, 2023

In the letter, signed by FCA Director of ESG Sacha Sadan, the FCA wrote: “A number of the issues identified have informed our observations about the possibility of potential risks to market integrity and suspicion of greenwashing in the context of SLLs.”

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Greenwashing Banking Green Bonds Net Zero 104

GreenBiz

FEBRUARY 9, 2021

Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossil fuel economy. And citizens and consumers will have the kind of granular information they need to more effectively target the decision-makers and brands standing in the way of a sustainable future.

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Greenwashing Climate Change Divestment Net Zero 395

Corporate Knights

MAY 8, 2024

As a result, they can allow companies to “greenwash.” This could be by only disclosing information that makes a company look “sustainable” to the public. Consultants have to rely on information passed on to them by employees, or they distribute oversimplified, generic forms for the organisation’s members to quickly fill in.

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Greenwashing 190

ESG Today

DECEMBER 12, 2023

Australia’s competition regulator the Australian Competition and Consumer Commission (ACCC) announced today the release of its final guidance on environmental claims, aimed at helping companies comply with rules to avoid misleading green marketing and advertising green claims, and protecting consumers from greenwashing.

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Greenwashing Development 104

3BL Media

AUGUST 16, 2022

Securities and Exchange Commission’s (SEC) proposed rules which aim to strengthen protections and address increasing confusion and greenwashing concerns around the rapid growth of ESG-oriented funds. For more information, visit: ceres.org and ceres.org/accelerator and follow: @CeresNews. investing public.

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Greenwashing Climate Change Net Zero Banking 246

ESG Today

MAY 3, 2023

The European Council announced today the adoption of its negotiating position on new proposed rules requiring companies to substantiate and verify their environmental claims and labels, aimed at protecting consumers from greenwashing, which includes a ban on generic environmental claims, such as ‘eco-friendly’, ‘green’, or ‘climate neutral.’

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Greenwashing Digitalization 104

ESG Today

JULY 26, 2023

ASIC Deputy Chair Sarah Court said: “We consider that the screening and research undertaken on behalf of Vanguard was far more limited than that being promised to investors, and we consider this constitutes another example of greenwashing.” Vanguard added that it informed investors and enhanced the disclosure of the fund.

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Greenwashing 98

Corporate Knights

MAY 31, 2023

Earlier this month, Environmental Defence launched its “Canada’s climate villains” campaign , using graphic-novelesque illustrations and monikers like “Toxic Traitor” and “Ruthless Greenwasher.

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