News about greenwashing on 2022-12-06
Competition law fit to assess sustainability , climate action
Environmental friendliness is one of the priorities of India's competition policies, says a leading economist in the country. Competition rules are being adopted by businesses to protect their environment and environmental safety. But what does this mean?
Source: thehindubusinessline.com
Published on 2022-12-06
The great reclassification strikes Article 9 funds as second SFDR phase approaches
The future of Article 9 funds in the European Union could be secured if they are downgraded to "light green" status. Should the issue be cleared, asks the BBC's Christine Blasey Financial Advisory Unit (CBI).
Source: investmentweek.co.uk
Published on 2022-12-06
12 % forward , 7 % back : MSU clean energy use has decreased , underperformed board goals
Environmental Secretary Caroline Byrum has been appointed to the board of the Maritime and Southern Energy (MSU) which outlined a plan to cut carbon from greenhouse gases to fossil fuels, according to its spokesperson.
Source: statenews.com
Published on 2022-12-06
22 Most Ethical Companies in the US - Insider Monkey
The US is one of the world’s most ethical companies, according to a report from the Institute for Economic Policy (Institute of Policy Studies) in New York. According to the latest figures, there are more than 1,000 companies with extended women's benefits not offered by other corporations.
Source: insidermonkey.com
Published on 2022-12-06
Activist Bluebell Urges BlackRock to Oust Fink as CEO Over ESG
Environmental activists are calling on the board of a leading fossil fuel investment firm to investigate its failures to move the company beyond investments in coal.The latest twist in the row between the two companies is the risk of green-washing.
Source: bnnbloomberg.ca
Published on 2022-12-06
Aligning with 1 . 5 degrees : Managing the risks and opportunities for shipping and the companies in its value chain
The impact of climate change on the shipping sector has been revealed by the International Maritime Organization (IMO). But what does this mean for the shipyard? The BBC’s Jonathan Marcus looks at the challenges and opportunities behind these changes.
Source: hellenicshippingnews.com
Published on 2022-12-06
Can carbon offset crude move from idea to reality ? | Hellenic Shipping News Worldwide
The prospect of an emerging carbon offset crude market is looming ever closer, according to Wood Mackenzie’s LNG Carbon Emissions Tool. What does this mean for the economy? Analysts have been looking at how it fits into their long term strategy.
Source: hellenicshippingnews.com
Published on 2022-12-06
CC votes in capital markets head Cartwright to succeed Ouwehand as senior partner
A new boss has been appointed at a private equity firm which runs the UK’s biggest financial services giant, Clifford Chance, in the latest phase of its leadership transition. - The chief executive is to step down next year.
Source: legalbusiness.co.uk
Published on 2022-12-06
Charles Chalkly of Hays on shifting ESG priorities , regulation hurdles and the three mistakes IROs should avoid
In our series of letters from business leaders, investors and companies are being asked how to prepare for a change in the way they communicate with their business clients and businesses during the coronavirus lockdown, the Institute for Economic and Social Development (IR) has revealed.
Source: irmagazine.com
Published on 2022-12-06
DispatchTrack Releases Top Trends Redefining Last Mile Delivery in 2023
Last mile logistics will be a key part of the global economy in 2023, according to the C-suite, the world's fastest-growing delivery firm. But what does this mean for the supply chain, and why will it become so important?
Source: prnewswire.com
Published on 2022-12-06
Dress Green : Seeking Sustainable Style in Fashion | The Saturday Evening Post
In our series of letters from African journalists, writer and columnist Lucy Spencer explains why she spent more than a few years buying clothes for second-hand boutiques and turning to “circular fashion” - the growing trend in refreshing our wardrobes.
Source: saturdayeveningpost.com
Published on 2022-12-06
ENVIVA INVESTOR ALERT
A US law firm is investigating potential claims against Enviva Inc. - a company owned by the US private equity firm, which is believed to have lost millions of dollars in the past two years. The BBC's Chris Stokel-Walker reports.
Source: prnewswire.com
Published on 2022-12-06
ESG Fund Downgrades Top $125 Billion as Axa Adds to Tally
Financial markets have been hit by a sharp drop in the number of EU funds, according to reports from the Wall Street Journal and the Standard & Poor’s (S&P) newspaper. These are the latest figures from investors.
Source: bnnbloomberg.ca
Published on 2022-12-06
EU Consultation on ESG Fund Names and SFDR Q | Cadwalader , Wickersham & Taft LLP
European investors are being asked to comment on a consultation paper on the names of investment funds marketed to EEA-domiciled financial institutions (EEA) in the wake of the greenwashing scandal. Welcome to the European Commission's latest news item.
Source: jdsupra.com
Published on 2022-12-06
Financial Pros Still Back ESG
Bloomberg Terminal users are increasingly concerned about the impact of environmental, social, and governance investing on their investors. But what does this mean for these funds, asks Tom de Castella, chief executive of the S&P Advisory Group.
Source: etftrends.com
Published on 2022-12-06
Goldman Sachs Agrees to Pay $4 Million to SEC for ESG Violations
Goldman Sachs Asset Management (GSM) has been accused of violating the rules of the Securities and Exchange Commission (SEC) over its environmental, social and governance policies.The BBC's weekly The Boss series profiles different business leaders from around the world.
Source: ai-cio.com
Published on 2022-12-06
How to free manufacturing firms from the pitfalls of greenwashing
Business leaders in Singapore are being offered green courses to improve their sustainability credentials, according to a leading environmental advisory agency, Enterprise Singapore ( EnterpriseSG). They have been accused of overcommitting greenwashing claims.
Source: sbr.com.sg
Published on 2022-12-06
How WWF realigns with Singaporean consumer motivations to drive growth in the sustainability sector
Singapore is one of the world's biggest environmental parks, according to a new study published by the Environmental Protection Agency (WWF) and the environment agency (EIU). But what do people think about sustainability in the industry? They are responsible?
Source: warc.com
Published on 2022-12-06
In review : recent banking litigation developments in United Kingdom
A new search tool has been launched to find the right lawyer for anyone who wants to work with someone else in the UK. Please help us find out if you want to apply for an inquiry or prosecution against another man or woman.
Source: lexology.com
Published on 2022-12-06
JOHCM CEO Altinger : Number of unknowns higher than ever
Christine Altinger has told the BBC that the coronavirus pandemic has left the world "in a crisis" and that "no-one could forese" the consequences of the financial crises, she has said, as she spoke to business leaders.
Source: investmentweek.co.uk
Published on 2022-12-06
London Based Inclusive Trade Ltd To Launch Certification Of ...
A sustainability verification system is being launched in India to help thousands of MSMEs and women entrepreneurs promote their business practices across the global economy, according to a leading business representative in the city of Mumbai, India's KNN.
Source: menafn.com
Published on 2022-12-06
MLT Aikins associate Selena Chen pens chapter on fast fashion supply chain for book on ESG
A new book aims to give young lawyers a voice in the fight against climate change and environmental crises, including the impact of the pandemic and inequality, to make impactful decisions about their future lives during the coronavirus lockdown.
Source: canadianlawyermag.com
Published on 2022-12-06
New Science Based Target Initiative tool for the maritime sector shows how misaligned the IMO level of ambition is with the scientific evidence to avoid dangerous climate change
A new tool has been launched that aims to ensure a global climate change strategy can be aligned with 1.5°C in the maritime sector, according to the United Nations and the World Fund for Climate Change (WWF). They are based on guidance from the High Level Experts.
Source: hellenicshippingnews.com
Published on 2022-12-06
Path to net - zero : Companies looking for carbon offsets find market in turmoil
Companies across the world are hunting for high-quality carbon credits, according to a group of former Shell executives and energy investment bankers. But why do companies shun offsets - and what does this mean for their environmental ambitions?
Source: governorswindenergycoalition.org
Published on 2022-12-06
Permutable to launch AI tool to identify greenwashing
A new AI tool to identify greenwashing is being launched by Permutable, the company behind a new initiative which aims to ensure companies accountable about their sustainability claims. The BBC’s Chris Stokel-Walker reports.
Source: wiredprnews.com
Published on 2022-12-06
Qatar World Cup : Final whistle blows on pop - up Stadium 974
The final whistle has blown on Qatar's World Cup stadium, which has closed its doors for the first time since the start of the tournament, and where it was built to address questions about spending billions of dollars on white-elephant locations.
Source: middleeasteye.net
Published on 2022-12-06
RBC bid to buy HSBC Canada reveals a new front in the climate fight
In our series of letters from African journalists, Canadian journalist and columnist Adaobi Tricia Nwaubani looks at a possible deal to buy HSBC Canada, the UK’s biggest bank. Here are some of the key quotes from the BBC's weekly The Boss.
Source: nationalobserver.com
Published on 2022-12-06
Rules alone will not stop greenwashing , we need education
The Financial Conduct Authority (FCA) has announced changes to its rules on sustainability and greenwashing. What does this mean for the UK's asset managers and their investors? The BBC’s Chris Stokel-Walker looks at the issue.
Source: ftadviser.com
Published on 2022-12-06
Sasol shareholders vote overwhelmingly in favour of cli ...
South Africa’s largest chemical company, Sasol, has been criticised for its climate and decarbonisation targets being too vague and not targeted enough to reduce greenhouse gas emissions by 30% by 2030, according to a report released on Wednesday.
Source: dailymaverick.co.za
Published on 2022-12-06
Sustainability has a growing role in shopper decision making
More than half of South African consumers feel sustainability is more important to them than it was two years ago, according to a new report. The findings have been published by the BBC's Consumer Advisory Group. Why is the impact of climate change on the consumer- packaged goods industry?
Source: bizcommunity.com
Published on 2022-12-06
The consumer experience of green claims in Australia
Consumers in Australia are increasingly using sustainability claims, according to a new report from the Centre for Public Research and Research (CPRC) in Sydney, Australia, in which it looks at the impact of environmental policies on the environment and climate.
Source: apo.org.au
Published on 2022-12-06
The Morning Briefing : Phoenix growth and finding positives
Here are five things you need to know about the future of the financial services industry this Tuesday evening. Here's a look at the key moments in our series of letters from across the UK and the world. Welcome to the Daily Politics, Scotland and Wales.
Source: moneymarketing.co.uk
Published on 2022-12-06
These Brands Want to Solve Banking Sustainability Problem
The BBC’s weekly The Boss series profiles different people from around the world. This week we speak to David Hayman, chief executive of the US National Pension Fund (NPP), who runs the National Savings Agency (NHS) in the United States.
Source: adweek.com
Published on 2022-12-06
UK advertising regulator publishes consumer perception research on common environmental claims
A new search tool has been launched to find the right lawyer for anyone who wants to work with someone else in the UK. Please help us find out if you want to apply for an inquiry or prosecution against another man or woman.
Source: lexology.com
Published on 2022-12-06
UN climate fund will become a money pit if we dont stop burning fossil fuels – Butler Eagle
A woman is taking part in the UN climate summit in Egypt to discuss the issue of reparations for poor nations for the effects of global warming, reports the BBC's Nariman El-Mofty from the United States and other wealthy countries.
Source: butlereagle.com
Published on 2022-12-06
US chemical giant accused by EIA of spreading disinformation to prolong the use of harmful refrigerants
The Environment Agency (EIA) has accused a US chemical company of “toxic greenwashing” and “misleading” claims about the EU’s climate change policies, according to the UK's environment agency (EEA) and the European Union (EU).
Source: eia-international.org
Published on 2022-12-06
Vanguard action shows ASIC is serious about greenwashing
The Australian Competition and Investments Authority has said it will crack down on misleading claims about tobacco products which claim to prevent investment in companies involved in significant Tobco sales in England and Wales, according to a committee of experts.
Source: ifa.com.au
Published on 2022-12-06
Vanguard responds to greenwashing infringement notices
The Australian Competition and Investments Authority has said it is concerned about an inadvertent error in the product disclosure statements for a Vanguard index fund which claimed to prevent investment in companies involved in significant tobacco sales in England and Wales.
Source: investordaily.com.au
Published on 2022-12-06
View : Get off the highway to climate hell
In our series of letters from African journalists, Albert Camus explains why the world has been told to close the global emissions gap before climate catastrophe closes in on us all, while the UN says it is worth zero without policies and actions.
Source: economictimes.indiatimes.com
Published on 2022-12-06
What is Regenerative Architecture ? Limits of Sustainable Design , System Thinking Approach and the Future
What is regenerative architecture limits of sustainable design system-thinking-approach-and-the-future? The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to a group of architects from across Indonesia.
Source: archdaily.com
Published on 2022-12-06
Why Biotech Meat Cannot Compete With Animal Meat At Retail
Cell-cultured chicken will not be able to compete with the real thing in the world, according to the US Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA). But what does this mean for the beef industry, asks Chris Stokel-Walker.
Source: forbes.com
Published on 2022-12-06
Why Co - op is pushing for renewable energy investment
The Co-operative Energy Fund has announced plans to increase the proportion of directly traceable renewable energy we use, as part of a new programme to help businesses invest in the energy sector. The BBC’s Chris Stokel-Walker explains why.
Source: thegrocer.co.uk
Published on 2022-12-06