Remove Greenwashing Remove Paris Agreement Remove Sustainable Investment
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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

The ruling comes as financial institutions and other companies increasingly face regulatory scrutiny over greenwashing concerns. Earlier this year, the CEO of Deutsche Bank’s investment arm DWS resigned after police raided the firms’ Frankfurt offices as part of an investigation into greenwashing allegations.

Net Zero 135
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Canada’s biggest pension plan is fuelling worst rainy-day future ever

Corporate Knights

Inconsistency and Greenwashing Across the sector, the report cites inconsistent asset disclosure, lack of transparency around fossil fuel investments, and what it calls the “obfuscation” of terms like “green assets” and “transition assets” as factors that make it “nearly impossible” to assess pension funds’ performance.

Net Zero 196
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Greenwashing Risk Grows in China ESG Funds

Chris Hall

Greenwashing is a growing risk in the Chinese fund management sector, as marketing of ESG products runs ahead of standards and regulatory oversight, a new report by Greenpeace has found. China falls behind Greenwashing has emerged as a major problem in developed countries over the last decade with the rise of ESG-labelled funds.

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Greenwashing Managers Must Heed Watchdogs’ Bark

Chris Hall

Asset managers should expect and prepare to be challenged on the sustainability credentials of their ESG-labelled funds as financial markets watchdogs clamp down on greenwashing, according to regulatory experts. . The SEC has also recently fined BNY Mellon Investment Adviser US$1.5

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UK to Invest Over $1.2 Billion to Boost Green Industries

ESG Today

Taken together across our fastest-growing innovation sectors, this support alone will attract an estimated £2 billion of additional investment every year over the next decade.” Alongside the new investments, Energy Security Secretary Claire Coutinho unveiled a series of power network reforms to help accelerate electrification.

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Climate Commitments not Backed by Credible Plans – CA100+

Chris Hall

Notably, oil and gas companies within CA100+’s portfolio of 159 focus companies are still commissioning projects that do not align with Paris Agreement goals, while an overwhelming number of electric utility companies are not building out sufficient renewable energy capacity. Renewed engagement.

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ESG Explainer: SFDR One Year on

Chris Hall

European efforts to bring transparency to ESG funds haven’t addressed fears of greenwashing. Almost a year since the European Commission introduced the Sustainable Finance Disclosure Regulation (SFDR), the European investment community remains divided over how to classify the ESG risks and impacts of their investments.