News about greenwashing on 2022-12-02
A Net - Zero Supply Chain Could Transform Organizations
More than a third of companies are failing to make progress towards net-zero supply chains, according to new research published by the Swedish company Baker McKenzie. But why are companies still attempted to go it alone, asks the BBC.
Source: sdcexec.com
Published on 2022-12-02
Africa : COP 27 - a Global Cop - Out
This year's UN climate conferences in Geneva, Switzerland, and Mexico have taken place. But what does it mean for the world? They are a few of the most important gatherings in the history of human society, including the UN.
Source: allafrica.com
Published on 2022-12-02
As CEOs Grapple with Which ESG Issues to Focus On , They Should Prioritize Where Their Companies Can Make the Biggest Impact
Leaders of corporate bodies in the United States are being asked to consider where their firms can have the biggest positive impact on the environment, according to a new report. Environmental, social, and governance - these are some of the key areas on which they should focus.
Source: prnewswire.com
Published on 2022-12-02
ASIC issues infringement notices against Vanguard for greenwashing
The Australian Competition and Markets Authority has said it is concerned that investors may have been liable to mislead the public by overstating an exclusion screen claimed to prevent investment in tobacco products in England and Wales, according to a report.
Source: investordaily.com.au
Published on 2022-12-02
Australia Says Law Making Facebook And Google Pay For News H ...
The Australian government has rejected a new law allowing big tech firms to negotiate content supply deals with media outlets, according to the Financial Times newspaper, Khalee Times and the BBC's Khaleej Times. Why is the law being extended?
Source: menafn.com
Published on 2022-12-02
Banking Against Science : Financial Institutions Continue to Fund Climate Destruction
The fossil fuel investment remains the elephant in the room, according to a report by the United Nations and the Bank of England which says it would end investments in oil and gas extraction by 2021 because of the impact of climate change.
Source: blog.ucsusa.org
Published on 2022-12-02
BoF Wraps Up VOICES 2022 With Celebratory Gala
This year’s annual gathering for big thinkers, which took place in Oxfordshire on Thursday night, was a buzz with conversations and discussions. Here is what happened to the venue during the first night of this year's BoF conference.
Source: businessoffashion.com
Published on 2022-12-02
Boise activist and school board member trip to COP27 | Boise State Public Radio
A climate change campaigner has been taking part in the UN’s annual summit in Sharm El-Sheikh, Egypt, where he attended a series of protests and pavilions. Here is his transcript of his take on the event, and what he saw?
Source: boisestatepublicradio.org
Published on 2022-12-02
Concern over rising costs and greenwashing
Shoppers are being urged to cut their spending on groceries and utilities this Christmas, according to a new report which suggests they will be more expensive this year than those previously thought, as Covid restrictions eased.
Source: rte.ie
Published on 2022-12-02
COP27 ( Climate ) – Fossil victory in Sharm el - Sheikh : only the fight remains - International Viewpoint
Green capitalism is one of the most controversial policies in the world, and it is often associated with climate change, according to a leading economist and environmentalist. But what does it mean for those who claim that the disaster can be stopped?
Source: internationalviewpoint.org
Published on 2022-12-02
ESG Fund Chaos Angers Investors as Greenwashing Concerns Mount
Deutsche Bank, BNP Paribas and DWS Group have been hit by a wave of reclassifications of investors’ assets under management (Egg) funds, which could cost them more than $100 billion worth of assets.DWS says it is cutting the amount of money it holds.
Source: bnnbloomberg.ca
Published on 2022-12-02
Executive risks grow as lawsuits target corporate policies on climate change
The risks of climate change are increasing, according to a group of senior lawyers and insurance officers in the United States and Northern Ireland, the BBC has learned. Climate change-related cases could be filed against companies across the country.
Source: businessinsurance.com
Published on 2022-12-02
Feds need to keep watchful eye on climate - smart grants • Missouri Independent
The US Department of Agriculture (USDA) says it’s investing $2.8 billion in a carrot and stick approach to climate-smart commodities. So what do farmers do if they’re ready to use these partnerships to tackle greenhouse gas pollution?
Source: missouriindependent.com
Published on 2022-12-02
Five guiding principles for SFDR compliance : Intent is not enough
The European Union's sustainable finance strategy is a significant step closer to being implemented in the UK, according to the latest findings from economists and investors. But what does this mean for the environment? Financial markets are increasingly sceptical.
Source: investmentweek.co.uk
Published on 2022-12-02
Four Communications Predictions For 2023
In our series of letters from African journalists, broadcaster and communications expert Chris Stokel-Walker looks at what the coming year will bring in for the industry. Here is a guide to what we need to get ready for in 2023, and how we can prepare.
Source: forbes.com
Published on 2022-12-02
Greenwashing Crackdown Continues with New FCA Rules | Morrison & Foerster LLP
The UK’s financial watchdog has been accused of breaching its environmental commitments. Here are five things you need to know about the latest steps to crack down on greenwashing, and how it can be done to protect consumers from the impact of climate change.
Source: jdsupra.com
Published on 2022-12-02
How prepared are brands for the incoming EU Green Claims Proposal ?
A proposal to crack down on greenwashing in the European Union has been postponed due to a row over the use of consumer-facing claims. But what does it mean for the fashion industry? The BBC’s Stephanie Hegarty looks at the issue.
Source: just-style.com
Published on 2022-12-02
Interview : Sustainability is a guiding principle for today buyer - Camilla Kaplin , Outokumpu
When it comes to environmental management, it is often a question of whether the steel’s carbon footprint is more sustainable than it used to be. But what does it mean for the industry and why is it being allowed to call green steel?
Source: eandt.theiet.org
Published on 2022-12-02
IR TV : Tish Crawford - Jones of Q4 on ESG communication strategies
Companies often struggle to deliver a compelling story, according to the industry’s leading environmental group, the Institute for Resilience (IR) has told BBC Radio 4's Newsnight Financial Times on Wednesday. Why are companies struggling to set their targets?
Source: irmagazine.com
Published on 2022-12-02
Lenzing Ecovero production ramped up to meet demand
The world’s largest lyo-wearing group has announced it is creating a new site to produce fibres of eco-friendly viscose during the coronavirus lockdown, according to its chief executive Caroline Ledl, head of product management textiles.
Source: just-style.com
Published on 2022-12-02
Life Beyond 1 . 5C
The UN climate change summit in Egypt has been called a disaster for the world’s biggest political conference. But what does it mean for scientists and politicians? Jeremy Bishop explains why they have been pushed into the background.
Source: counterpunch.org
Published on 2022-12-02
Life Beyond 1 . 5C | Dissident Voice
The UN climate change summit in Egypt has been a shocking moment for the world’s political parties. But what does this mean for global warming and the impact of greenhouse gases, asks Tom de Castella, chief executive of the UN.
Source: dissidentvoice.org
Published on 2022-12-02
Managers with a 1 . 5ºC goal may risk fiduciary concerns , says report
Financial managers are being urged to ask their best interests in investing in line with a climate scenario that could be considered unlikely, according to new research published by the University of Glasgow and the Royal Society for Fiscal Studies.
Source: ipe.com
Published on 2022-12-02
No smoking : Vanguard pays $40k fine for greenwashing - Professional Planner
Australia's financial regulator has issued a notice to Vanguard Australia after it identified an inadvertent error in its investments in tobacco products and shares in the Australian and New Zealand dollar (Australian dollar) index funds, according to the regulator.
Source: professionalplanner.com.au
Published on 2022-12-02
Pulp Friction : To craft a more circular supply chain , Renewcell grinds old apparel into new
The new generation of clothes makes a huge leap in the fashion industry, according to the Swedish company Renewcell. Here are some of the key things you need to know about the new fashion industries and how they are going to be changed.
Source: apparelnews.net
Published on 2022-12-02
Qatar promised a carbon - neutral World Cup . Climate advocates call that pledge misleading .
Qatar's 2022 World Cup will be "carbon neutral", according to a report from the Financial Times newspaper. The most controversial part of the goal is that it rests on the purchase of carbon offsets tied to projects outside the event, which would protect attendees from blistering heat.
Source: businessinsider.in
Published on 2022-12-02
Qatar World Cup lays bare environmental cost of a desert tournament
The Qatar 2022 World Cup has been a huge event for the world’s biggest sporting events, but the tournament has become one of the most environmentally damaging events in modern times, writes the BBC's Tom de Castella in the Gulf.
Source: nbcnews.com
Published on 2022-12-02
Rapid penetration of consumer fintech worries regulators
A leading Chinese academic has called for the introduction of a new digital banking system, known as GDPR, to be rolled out in the UK and Ireland, as part of the European Union's strategy for digital technology (Fintech) initiative.
Source: lawsociety.ie
Published on 2022-12-02
Saudi Arabia has green vision at COP27 , critics unmoved
Saudi Arabia is presenting itself as a leader in green energy and eco-friendly practices, with flashy pavilions and optimistic assessments of technologies like carbon capture, which can remove carbon dioxide from the air but is costly and years away from being killed.
Source: apnews.com
Published on 2022-12-02
The Ethical Investor : B Corp movement is growing , and here why ASX - listed MoneyMe wants to become one
When it comes to B Corporations, many companies around the globe are eager to become a B Corp business. But what is it and why are so many businesses going to be able to take advantage of these types of companies?
Source: stockhead.com.au
Published on 2022-12-02
Top 5 reasons why CEOs should be the force driving sustainability
The United Arab Emirates (UAE) has been a trendsetter for climate change and is fully embracing sustainability reporting with investors and consumers. But what is the overall success of the organisation and how does it work? The BBC’s Mohammed bin Rashid reports.
Source: gulfbusiness.com
Published on 2022-12-02
Vanguard Australia fined for misleading tobacco claims in ESG fund that claimed to exclude the product
The Australian Competition and Investments Commission (Australian Insurance Service) has fined tobacco giant Vanguard £1,000 for misleading environmental claims, according to a spokesperson on the issue. However, it has been told it does not have enough evidence.
Source: afr.com
Published on 2022-12-02
Vanguard cops fine for greenwashing
The chief executive of the Cbus Asset Management Fund has revealed his achievements as a senior officer at the fund's annual general spending committee in Aberdeen, County Antrim, which runs the scheme in October.
Source: financialstandard.com.au
Published on 2022-12-02
Why conscious consumption is the way forward
The fashion industry is responsible for 10 per cent of all greenhouse gas emissions worldwide, according to the United Nations Convention on Climate Change, writes the BBC’s environmentalist and environmentally activist Louise Harper. Why is it so difficult to buy new things?
Source: gulfbusiness.com
Published on 2022-12-02