News about greenwashing on 2022-07-07
Dutch Airline KLM Sued Over Greenwashing Ads
A Dutch airline has filed a second lawsuit against it over an advertising campaign which alleges it breaches European consumer law, according to the Reuters investigation. Environmental campaigners are suing the company over their adverts, the BBC has learned.
Source: sej.org
Published on 2022-07-07
A key to fighting climate change , is inside your closet
If you’re someone who wears clothes until they fall apart, ripped and ragged, this hot climate tip is not for you. But what does this mean for your life? Why? And why do you buy more than you can really use?
Source: nny360.com
Published on 2022-07-07
Are nuclear and natural gas plants green ? Europe says yes
The European Parliament has voted in favour of a new law that will consider natural gas and nuclear projects “green”, making them eligible for lost-cost loans and subsidies. But what does it mean for those projects and projects that are not switching to cleaner energy?
Source: msn.com
Published on 2022-07-07
BlackRock climate EFT sees significant inflows
Climate funds have seen a sharp rise in investment in the European financial markets, according to one of the UK’s biggest investors. Environmental, social, governance and environmental indexers (EMEA) have reported an increase in inflows.
Source: financial-planning.com
Published on 2022-07-07
BlackRock sees 30 % jump in flows to suite of climate ETFs
Climate indexing funds have seen a sharp rise in investment in European investors amid concerns about the industry’s climate transition strategy, according to their owners, the company behind the latest growth in the investment market in Europe.
Source: bnnbloomberg.ca
Published on 2022-07-07
Claiming to be a sustainable brand is just not enough to make consumers go head - over - heels , says Talkwalker Vartika Malviya Hali
Consumers are increasingly concerned about the impact of brands on the planet and the society, according to a new report from Talkwalker, the UK’s biggest environmental campaign group which aims to make brands more sustainable and more environmentally friendly.
Source: bestmediainfo.com
Published on 2022-07-07
Climate left put on heels with nuclear power , natural gas seen as necessary to fight energy crisis
The European Union has voted to allow renewable energy to be subsidised for subsidies. But what does this mean for climate change and how could it be a reality check for the world's greenhouse gas emissions? BBC News looks at the issue.
Source: justthenews.com
Published on 2022-07-07
Demand for Sustainable Finance on the Rise in APAC
In our series of letters from African journalists, novelist and writer Adaobi Tricia Nwaubani looks at why banks are increasingly committed to their sustainability attitudes when it comes to the financial sector. Why is it so important?
Source: fintechnews.sg
Published on 2022-07-07
Dont dismiss green finance just yet
The failure of the financial sector to live up to its climate rhetoric is a shocking reflection on the impact of green finance on global warming, writes economist David Marcus, who is at the centre of an international debate about the issue.
Source: eco-business.com
Published on 2022-07-07
Dutch Airline KLM Sued by Environmental Groups Over Alleged Greenwashing Ads
A Dutch airline has filed a second lawsuit against environmental campaigners over its advertising campaign aimed at cutting greenhouse gases and reducing the impact of climate change on passengers' journeys, Reuters has learned, amid growing concerns.
Source: insurancejournal.com
Published on 2022-07-07
Dutch airline KLM sued by environmentalists over alleged greenwashing
Environmental campaigners have launched a legal challenge against an airline over advertising that promotes flying as environmentally friendly travel and encourages people to avoid climate change restrictions, according to the Dutch Financial Times newspaper .
Source: stuff.co.nz
Published on 2022-07-07
Dutch Airline KLM Sued Over Alleged Greenwashing
A Dutch airline says it will not be responsible for misinformation customers over its advertising campaigns, amid a lawsuit filed by campaigners over environmental laws in the European Union earlier this month. However, it has said it does not believe it is in its interests to misinform customers.
Source: lawyer-monthly.com
Published on 2022-07-07
E . U . Parliament Greenlights Scheme to Rebrand Gas and Nuclear Power as Climate - Friendly
The European Union has decided not to block a new law that would designate which types of energy investment can be labeled “green” by the end of next year, it has been revealed in the European Financial Times and the British Journal of Energy.
Source: breitbart.com
Published on 2022-07-07
ESG Weekly Update – July 6 , 2022 - Corporate Governance
The US state of West Virginia has introduced a new law which aims to stop financial institutions from doing business with the state because of "boycotts" of coal, oil and natural gas companies. The BBC's Penny Dale looks at the changes.
Source: mondaq.com
Published on 2022-07-07
EU Adds Gas , Nuclear to Green Finance Taxonomy , Reversing Earlier Vote
The European Parliament has voted to introduce gas and nuclear energy as a green energy option, according to the Bloomberg newspaper. But what does this mean for climate neutrality, asks the BBC's Jonathan Marcus, who runs the European Union.
Source: theenergymix.com
Published on 2022-07-07
EU lawmakers back gas , nuclear energy as sustainable - New Delhi Times - India Only International Newspaper
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Source: newdelhitimes.com
Published on 2022-07-07
EU Parliament allows gas and nuclear projects green funding
The EU’s parliament has rejected a proposal that would allow nuclear and gas projects to access green funding from the European Commission. However, it is unlikely that the law could still fail until the next stage of the debate is passed.
Source: power-technology.com
Published on 2022-07-07
EU Parliament Labels Gas And Nuclear Energy Projects As Green
The European Union's new definition of greenwashing has come into force in the wake of the coronavirus pandemic. But what is it likely to be a significant change in EU policy, and what does it mean for those environmental-friendly energy sources, asks Tom de Castella.
Source: natlawreview.com
Published on 2022-07-07
Europe will count natural gas and nuclear as green energy in some circumstances
The European Parliament has voted to keep nuclear and natural gas in the EU’s green classification system, which aims to boost green investment and prevent greenwashing, it has been revealed by the parliament. However, the ruling was rejected.
Source: hellenicshippingnews.com
Published on 2022-07-07
European Parliament says natural gas projects can be considered green for investments
The European Union has voted to introduce new rules on renewable energy sources, which could unlock billions of dollars of state subsidies for fossil fuels and nuclear power projects in the next few years, BBC News has learned.
Source: localnews8.com
Published on 2022-07-07
Explosion rocks Kazakhstan biggest oil field a day after president vowed to boost supplies to EU
Kazakh police have opened a criminal investigation into an explosion at the country's biggest oil field, just days after the EU announced it would step up its delivery of oil to Europe.The Russian court has ordered the temporary closure of the port of Tengizchevroil.
Source: msn.com
Published on 2022-07-07
Fossil Gas Labelled Green in Biggest Act of Greenwashing in History
The European Parliament has voted in favour of a bill to label gas as green in the EU’s sustainable investments strategy, according to transport and environment experts, Transport & Environment and Transport for Europe (T&E), which says it is the biggest act of greenwashing in history.
Source: cleantechnica.com
Published on 2022-07-07
Greenwash ? EU labels certain uses of nuclear energy , natural gas sustainable
The European Parliament has voted in favour of a proposal to recognise nuclear and natural gas as sustainable by 2030, despite strong opposition from activists and EU environment committees, which have been opposed by the EU’s environment committee.
Source: downtoearth.org.in
Published on 2022-07-07
Greenwashing concerns as awareness of ethical investing grows
A growing number of businesses in Australia are struggling to afford their money, according to research from a leading financial advisory group. They are also increasingly concerned about the impact of greenwashing on the economy and the environment.
Source: nbr.co.nz
Published on 2022-07-07
Greta Thunberg just ( accidentally ) revealed the green Left inconsistency
The European Union’s decision to phase out nuclear power has sparked a renewable energy debate in many countries. But what do we know about climate change, and what does it mean for those who want to change the way we live in the world?
Source: washingtonexaminer.com
Published on 2022-07-07
Guide to the ESGI | Barnea Jaffa Lande & Co .
Environmental, Social, and Governance are among the key principles of a company’s sustainable performance, according to the latest assessment of its sustainability index. What does this mean for the company's performance? The BBC’r Jonathan Marcus explains.
Source: jdsupra.com
Published on 2022-07-07
In Blow for Green Hardliners , Vote Allows Natural Gas and Nuclear Into Key EU Taxonomy : Members of European Parliament ( MEPs ) vote not to reject adding nuclear and natural gas activities in Europe
The European Parliament has voted against a change to the European Union’s climate strategy, which could see nuclear and natural gas become the latest to be added to its foreign policy. Here is the full text of what happened to MEPs.
Source: freerepublic.com
Published on 2022-07-07
In Historic Case , Green Groups Sue KLM for Greenwashing
A Dutch airline is suing two environmental groups over claims it uses fossil-fuel emissions to reduce greenhouse gases on its planes and trains, saying it is a greenwashing strategy which amounts to climate change activists.
Source: ecowatch.com
Published on 2022-07-07
India can become climate leader by excluding gas , nuclear from green taxonomy
India has become the first country in the world to join the European Union to include gas and nuclear power plants as climate-friendly. The BBC's Geeta Pandey takes a look at the challenges facing the country. Climate activists explain why.
Source: prokerala.com
Published on 2022-07-07
Kensho Moment , a Quantum Transformation
In our series of letters from African journalists, writer and columnist Adaobi Tricia Nwaubani looks at why consumer capitalism is a whack-a-mole game that runs on craving and another pop up to replace it, writes the writer.
Source: adbusters.org
Published on 2022-07-07
Key role played by labels towards sustainability
In our series of letters from African journalists, traders and investors are being encouraged to buy sustainable finance products. This week, the BBC's weekly The Boss series profiles different business leaders from around the world.In their series, we speak to Isabelle Delas, CEO of LuxFlag.
Source: paperjam.lu
Published on 2022-07-07
Litigation Minute : Greenwashing Case Highlights Threat of ESG Litigation to Agribusinesses ( ESG in Litigation Series : Part Five of Eight ) | K & L Gates LLP
It is a growing threat to agriculture and food producers in England and Wales, according to the government's latest investigation into the issue of greenwashing litigation against their business practices. But what do you need to know about these challenges?
Source: jdsupra.com
Published on 2022-07-07
Middle East governments must innovate to unlock green investment in region , study advises
The Middle East and North Africa need to adopt new tools and policies and collaborate to accelerate the shift to a green economy, according to the new report published in the United Arab Emirates (UAE), which aims to boost climate change and boost green investment.
Source: arabnews.com
Published on 2022-07-07
New Study Shows that Climate - Centric Lawsuits Are on the Rise
The number of climate-related lawsuits being filed against governments and companies is growing, according to a new report published in the journal The New York Times and the British Journal of the Law and Justice (J&J) in January.
Source: thefashionlaw.com
Published on 2022-07-07
Opinion : Risk - management tools arent equipped for climate change and other systemic shocks . This is what ESG investors need to be ready .
The Securities and Exchange Commission (SEC) has introduced new rules on environmental policies, including the introduction of higher standards for Environmental, Social and Governance products. But what does this mean for investor portfolios, asks Tom de Castella, founder of the Society for Economic Co-operation and Development.
Source: marketwatch.com
Published on 2022-07-07
Playing the long game : North American shale operators that prioritize ESG win in the long run
Environmental policies are a key issue for the US economy, according to research by Rystad Energy. But what impact does it have on the global financial market, asks the BBC's Financial Times analyst Larry Madowo, who is leading the industry.
Source: hellenicshippingnews.com
Published on 2022-07-07
Russian advance towards Donetsk thwarted so far
Russian troops have clashed with separatists in the eastern part of Ukraine, officials say, as they continue to battle between the two neighbouring areas of the region. Ukrainian authorities have said it is "holding back" the enemy.
Source: thedailystar.net
Published on 2022-07-07
Scope ESG integration study shows wide differences between asset managers
Fund managers are still not getting enough information about their sustainability efforts, according to a new study published by the United Nations Environmental Protection Agency (UN PRI). They are also struggling to meet the demands of investors and regulators.
Source: ipe.com
Published on 2022-07-07
Supreme Court EPA Decision Sends Warning to Regulators
The US Supreme Court has rejected a ruling that the agency failed to regulate carbon emissions from power plants. Here’s what we learned about the decision, and how it will work with other regulators in the fight against climate change.
Source: manufacturing.net
Published on 2022-07-07
Waterkeeper Alliance Calls North Carolina Biogas Permits
A permit for farm digesters in North Carolina has been criticised for failing to assure compliance with water quality protections. The BBC's Jonathan Marcus looks at the challenges facing communities affected by the recent changes in environmental protection laws.
Source: globenewswire.com
Published on 2022-07-07
Waterkeeper Alliance Calls North Carolina Biogas Permits Woefully Inadequate
Environmental advocates in North Carolina have criticised the government's recent decision to allow farm digester systems to be installed in their communities. BBC News takes a look at the latest steps to ensure clean water for all North Carolinians across the country.
Source: apnews.com
Published on 2022-07-07