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Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.
Assurance over corporate climate disclosure is critical to prevent greenwashing and ensure that investors can make decisions promoting long-term shareholder value and economic growth.” Editor’s note: Ceres will host a webinar Feb. Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets at Ceres.
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ShareAction launched a new definition of ‘responsible investment’ in a bid to raise standards across the financial sector and help prevent greenwashing and misleading claims. The first guidance paper has been published this week, on setting interim netzero targets.
The Voluntary Carbon Markets Integrity Initiative (VCMI) was established in 2021 in response to concerns that companies making carbon neutrality claims based on their use of carbon credits to offset their emissions were greenwashing. The final Scope 3 Claim is expected to be released in Q1 2025.
“Drawing from experiences in other regions, the UK has an opportunity to consider various use cases, prioritise them, and tailor the taxonomy to suit these purposes, particularly as it launches its taxonomy consultation in the autumn,” GTAG Member Kate Levick said during a webinar on 8 September.
Speaking at a post-poll webinar, Bryan McGannon, Director of Policy and Programs at the US Forum for Sustainable and Responsible Investment (US SIF), said the expected-but-unconfirmed outcome of a Republican-led House of Representatives would “increase the noise” on ESG. . We’re seeing a lot of action at the state level.
Netzero signals of change this week include billions of euros for industrial decarbonization in Germany. NetZero Economy / Finance The European Securities and Markets Authority (ESMA) has published a new report that helps to define ‘greenwashing’ from the authority’s point of view.
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