News about greenwashing on 2022-06-15

Net - Zero is a Scam , Demand Climate Justice from Big Polluters VALD Tells African Governments
The government of Ghana has launched a climate change initiative which aims to tackle the damage caused by the big polluters of the world's biggest cities, Exxon Mobil, Shell, and other giant corporations worldwide.
Source: newsghana.com.gh
Published on 2022-06-15

ASIC issues guidelines for green financial products
A new information sheet is being published by the Australian Competition and Investments Regulatory Commission (ASA) to help businesses responsible for corporate funds and regulators avoid misleading claims about their green credentials and the extent of sustainability.
Source: accountantsdaily.com.au
Published on 2022-06-15

Bank group accused of exploiting loopholes and greenwashing in climate pledge | Climate crisis
Bankers in Glasgow have been given the right to maintain their existing investments in coal and other fossil fuels beyond 2023, a report has revealed. Campaigners have warned they could get away without taking real action on greenhouse gas emissions.
Source: theguardian.com
Published on 2022-06-15

Biden climate advisor demands tech companies censor disinformation to promote benefits of clean energy
The White House has accused social media companies of spreading "rampant mis-and-disinformation" about climate change, in a speech to the US media watchdog Axios on Wednesday. Climate change activists have told the BBC how they are making their job harder.
Source: foxnews.com
Published on 2022-06-15

BlackRock Expands Its Voting Choice Program so Investors Have More Say
Investors in indexed funds are to be able to vote their shares on topics like environmental compensation, climate change, and other financial issues, under new proposals from a leading investment firm in the banking industry, Insider Intelligence.
Source: businessinsider.com
Published on 2022-06-15

Call for urgent action as Australia faces biodiversity crisis
Australia’s new threatened species commissioner has called for urgent action on environmental protection in his country. Why is he going to return home and embrace life as a full-time father and conservationist, asks the BBC's Jonathan Marcus.
Source: aljazeera.com
Published on 2022-06-15

Call for urgent action as Australia faces biodiversity crisis | Environment News
Australia’s new threatened species commissioner has called for action to tackle climate change and extinction in the wake of the May elections, a former Australian Ambassador to nine countries in West Africa has said, as he returns home to his country.
Source: wiredprnews.com
Published on 2022-06-15

Carney - Led Climate Group Asks Investors to Make Good on Net Zero
The proliferation of net-zero carbon emissions commitments by banks, insurers and asset managers is raising concerns about the quality and integrity of promises made by financial firms, according to a leading academic and activist group in Glasgow.
Source: bnnbloomberg.ca
Published on 2022-06-15

ESAs Provide Further Guidance On Application Of SFDR - Financial Services
The European Commission's chair of the European Securities and Markets Authority (ESAs) has raised concerns about the dangers of greenwashing. Here is a guide to the issue, which outlines the key points in her speech. TOP STORIES:
Source: mondaq.com
Published on 2022-06-15

ESG Summit : With great power comes great responsibility
In our series of letters from African journalists, traders and investors are being asked to explain the challenges facing Environmental Investments Group (Environmental Governance - EDG) in the global financial world. Here is a guide to the issue.
Source: afr.com
Published on 2022-06-15

ETF Prime : Lara Crigger on ESG Investor Interest in 2022 and ESG Fund Flows
The Scottish Securities and Exchange Commission (SEC) has announced plans to increase the number of investments in mutual funds (ETFs) in the next financial year. But what does this mean for investors and their shareholders, asks Tom de Castella.
Source: etftrends.com
Published on 2022-06-15

EU Parliament Lead Committees Vote Against Gas & Nuclear in the Green Taxonomy
The European Parliament has rejected a proposal to label fossil gas as green, according to the Greens/EFA Group, the European Union’s sustainable finance agency (T&E) and the Financial Crimes Group (EFA), which is based in Brussels.
Source: cleantechnica.com
Published on 2022-06-15

Goldman Investigation Tarnishes ESG Halo as Investors Bail
Environmental, Social and Governance Group (Environmental Group) has become a hugely popular business for investors. But what does this mean for the environmental industry and why is it increasingly being threatened by the coronavirus pandemic, asks Chris Stokel-Walker.
Source: bnnbloomberg.ca
Published on 2022-06-15

Indonesia carbon trading system : Challenges and opportunities
Indonesia has become the first country in the world to implement the Paris Agreement to tackle climate change. The BBC’s Indonesian programme looks at how Indonesia aims to achieve its national commitments to reduce carbon emissions, including reducing the right to carbon by buying and selling greenhouse gases.
Source: iflr.com
Published on 2022-06-15

Investors are increasingly skeptical of ESG . This is why
Environmental, Social and Governance Group (Environmental Group) has become a hugely popular business for investors. But what does this mean for the environmental industry and why is it increasingly being threatened by the coronavirus pandemic, asks Chris Stokel-Walker.
Source: bnnbloomberg.ca
Published on 2022-06-15

Investors become increasingly sceptical of ESG amid Goldman investigation
The BBC's weekly The Boss series profiles different readers from around the world. Here are some of the stories you need to find out about the archives which have been published in the 1970s and 80s. They'll be able to read their stories.
Source: business-standard.com
Published on 2022-06-15

Key EU Parliament groups reject green label for gas , nuclear
The Green Party has called on the European Union to set the gold standard for investment in renewable energy, amid a row over the EU’s proposal to label gas and nuclear as sustainable by the end of the decade, and respect strict emissions criteria.
Source: mining.com
Published on 2022-06-15

Keynote Address Of CFTC Commissioner Christy Goldsmith Romero At The Chicago Bar Association Futures & Derivatives Law Seminar , Chicago
This is a full transcript of the first interview by the new Commissioner for the Financial Crimes Commission (CFTC) in Chicago. Here is the full text, presented to the BBC's weekly The Boss, about the role of climate change and the impact of geopolitical events.
Source: mondovisione.com
Published on 2022-06-15

New report on local energy systems across united kingdom
Local energy systems are often managed by organisations outside the core energy sector, according to a new study published in the Journal of Climate Change and Rural Energy (CERN) in Edinburgh, County Durham and Lancashire, and the Isle of Wight.
Source: myscience.uk
Published on 2022-06-15

SEC Proposed Rule Changes Seek to Curb Greenwashing | Bilzin Sumberg
In our series of letters from African journalists, climate change and resiliency are a key issue to watch in 2022. The BBC’s Jonathan Marcus looks at the challenges facing public companies and investment funds in the global warming crisis.
Source: jdsupra.com
Published on 2022-06-15

Shein Acknowledges Textile Waste with $50M EPR Commitment ; But Critics Say It Small Change - Sustainable Brands
A new agreement has been signed between two leading environmental groups and a Ghanaian-based company aimed at advancing the sustainability of secondhand clothing, which is often discarded as waste by communities deeply affected by the trade.
Source: sustainablebrands.com
Published on 2022-06-15

Singapore $35b green bond sale lifts sustainable financing capabilities
Singapore’s plans to sell green bonds to the Lion City financial centre have been given the go-ahead by the ratings agency Fitch Ratings, which says it will raise funds to promote climate change and renewable energy usage.
Source: msn.com
Published on 2022-06-15

Taxonomy : Parliamentary committees reject greenwashing
MEPs have voted against greenwashing in the European Union’s rules on sustainable finance, following a vote by parliamentary committee members on the issue in July's European Parliament sitting on 5 October. They rejected the advice of its own expert group.
Source: left.eu
Published on 2022-06-15

The Australian Financial review ESG Summit : ESG must find purpose in funding energy transition
The world’s biggest investment group has told a summit at the Royal Bank of Scotland that investments in fossil fuels, mining and defence will become increasingly difficult to avoid.In the wake of the global war in Europe, it has been revealed that the environmental crisis is threatening sustainability.
Source: afr.com
Published on 2022-06-15

The questions ASIC hope will stop greenwashing
Australian investors are being warned they could be misled by greenwashing when launching a fund, according to the country’s financial regulator. Why does this mean for the environment and environmental industry, asks the BBC's Chris Stokel-Walker.
Source: moneymanagement.com.au
Published on 2022-06-15

The Sage ESG Top 5 – Week of June 13
US President Joe Biden has announced a series of emergency steps to boost the country’s economy, including tariffs on solar panels. But what does this mean for the environmental group Sage - which is based on the Institute of Energy (Sage).
Source: etftrends.com
Published on 2022-06-15

The Science Behind Carbon Credits And Their Calculation : A G ...
A new book explains how carbon credits are calculated and why they are easily misconstrued. How can one tell if a carbon credit is genuine or not? The BBC's weekly The Boss series profiles different experts from around the world.
Source: menafn.com
Published on 2022-06-15

The Science Behind Carbon Credits and their Calculation : A Guideline to Emissions Reductions Systems
The BBC's weekly The Boss series profiles different business leaders from around the world. Each week we speak to a number of energy professionals from across the UK and Northern Ireland who have been working with the company for more than 20 years - and they are still waiting for their appointments.
Source: energy.einnews.com
Published on 2022-06-15

The Science Behind Carbon Credits and their Calculation by Planck E CEO
A new book explains how carbon credits are calculated, why they are easily misconstrued and when it comes to cutting greenhouse gases and other emissions reductions. Why are carbon savings really genuine and not?
Source: pressreleasepoint.com
Published on 2022-06-15

The SEC War on Greenwashing Has Begun
The US Securities and Exchange Commission (SEC) is looking into whether some of Goldman Sachs’s mutual funds have failed to meet environmental standards. The BBC's Chris Stokel-Walker looks at the latest twists and turns.
Source: insurancejournal.com
Published on 2022-06-15

The SEC War on Greenwashing Has Begun - BNN Bloomberg
The US Securities and Exchange Commission (SEC) is investigating claims that some of its mutual funds have failed to meet environmental standards. The agency is looking into whether some investors have been fined for falsely reporting their investments.
Source: bnnbloomberg.ca
Published on 2022-06-15

UK greenwashers could face crackdown following US and German actions
The UK's biggest financial institutions could face criminal action over environmental claims, according to a lawyer looking at how they might be treated in the US. Financial institutions are likely to face similar action in Britain, the BBC has learned.
Source: investorschronicle.co.uk
Published on 2022-06-15