News about greenwashing on 2022-12-08

Investors Continue To Prioritise Climate Action
Climate change is the biggest threat to business over the next five years, according to a new survey by the consultancy PricewaterhouseCoopers (PwC), which suggests investors are still prioritising climate action, despite lacking trusted information.
Source: bernews.com
Published on 2022-12-08

[ Webinar ] Greenwashing and its Dirty Consequences - January 24th , 10 : 00 am - 11 : 00 am PST | Greenberg Glusker LLP
California's environmental regulatory panel is to review the impact of green advertising on the economy and the environment in a bid to tackle the effects of climate change in the US state of California, according to the States' Commerce and Financial Crimes Commission (MCL).
Source: jdsupra.com
Published on 2022-12-08

18 brands called out for greenwashing in 2022
This year was the year that companies called out for greenwashing, according to a new report by the BBC's Chris Stokel-Walker. Here, he explains why they have become increasingly concerned about their sustainability policies.
Source: eco-business.com
Published on 2022-12-08

Africa : Did the Africa COP Live Up to Expectations ?
Climate change activists and environmentalists have been speaking to the BBC about the failure of the UN's climate change fund, which was announced in Glasgow last week. Here, they explain why it failed to live up to its billing.
Source: allafrica.com
Published on 2022-12-08

Aftermath of Climate Disasters Looms Large in Louisiana Runoff Election
In the US state of Louisiana, a coalition-building effort is being launched to tackle climate change, writes the BBC’s Christine Blasey, who runs the state's public service commission district 3 and explains what it is like.
Source: truthout.org
Published on 2022-12-08

As the USDA Invests in Climate - Smart Agriculture , It Hard to Follow the Money
US President Joe Biden has announced a $2.8 billion in funding for agriculture to tackle climate change. But what does this mean for the economy and its impact on the environment? The BBC’s Tom de Castella looks at the key steps.
Source: blog.ucsusa.org
Published on 2022-12-08

ASIC takes further action on greenwashing
The Australian Asset Management Authority (Australian Investment Service) has issued three infringement notices to investment manager Vanguard Investments Australia Ltd (Vanguard) in a further action against alleged greenwashing. Here are five things you need to know about these concerns.
Source: natlawreview.com
Published on 2022-12-08

BlackRock CEO faces calls to resign over ESG hypocrisy
The activist investor in mining group BlackRock has been accused by a group of investors for failing to support environmental policies at the company's shares in the US state-owned chemicals group, according to the Financial Times newspaper .
Source: investmentweek.co.uk
Published on 2022-12-08

BlackRock ESG push puts CEO Larry Fink in activist crosshairs
The chief executive of mining giant BlackRock is being asked to step down amid a row over the company’s environmental strategy, according to the Italian Financial Advisory Commission (CIO) and the Spanish Competition Office (CCIO).
Source: foxbusiness.com
Published on 2022-12-08

Bragar Eagel & Squire , P . C . Reminds Investors That Class Action Lawsuits Have Been Filed Against FIGS , Freshworks , Enviva , and Vintage Wine and Encourages Investors to Contact the Firm
A US court has filed a class action against four healthcare firms in New York. The lawyers are asking investors to petition the court to serve as lead plaintiffs. Here is the full list of those taking part in the process.
Source: streetinsider.com
Published on 2022-12-08

Brands and marketing : were failing consumers
Australian consumers want to buy sustainable products, and it’s time to make a change or be left behind, writes the former chief executive of Australia's Food and Drug Administration, Tony Blair, on the issue of greenwashing. Here, he explains why.
Source: mumbrella.com.au
Published on 2022-12-08

Cleveland - Cliffs seeks federal funding to study potential carbon capture facility at Indiana steel plant
Cleveland-Cliffs has asked the US Department of Energy to pay for half of its next research phase with funding from the Infrastructure Investment and Jobs Act, which was signed into law last year. The company says it would have a net carbon capture efficiency of at least 95%.
Source: duluthnewstribune.com
Published on 2022-12-08

Compass Studio closes out 2022 with new client wins and hires
It’s a year when climate change has become the focus of the global economy. But what does this mean for the environment and the impact of greenwashing in the UK and elsewhere? The BBC's Chris Stokel-Walker has been looking at some of those companies which have gone into the industry.
Source: mumbrella.com.au
Published on 2022-12-08

COP27 : A Global COP - Out
The United Nations (U.N.) climate change activist Robert Sandford has written a message to UN delegates at the UN’s summit in Sharm el-Sheikh, Egypt, calling for an end to the global fight against greenhouse gas emissions.
Source: consortiumnews.com
Published on 2022-12-08

Daily on Energy : How Manchin changed his permitting bill to make it more viable
A new bill which aims to make the US economy more secure and more open to lawmakers has been approved by the Republican congressman Joe Manchin. But what does it mean for senators and their fellow political parties in Washington?
Source: washingtonexaminer.com
Published on 2022-12-08

Departing Swiss Finance Minister Leaves Much Work to Be Done
Swiss Finance Minister Ueli Maurer is to step down as the country's new finance minister, following his departure from the Swiss Federal Council (SVP) earlier in his tenure. But what does he do to the financial industry during his time in office?
Source: finews.com
Published on 2022-12-08

Digitalisation : a human affair
The International Society for the Resilience and Digitalisation (FRSA) has announced a new zeitgeist for digitalisation in the UK, which could lead to the collapse of the Russian war of Ukraine, and the global crisis on Ukraine. They say they have become sluggish and untrained.
Source: timesofmalta.com
Published on 2022-12-08

Drive for progress undimmed at ESG Integration Forum – US
Environmental Growth and Social Development (Environmental Governance) is a key issue for corporate growth, according to the Financial Advisory Group (SEC), which aims to boost investment and business activity in the next decade. But why is it so important?
Source: irmagazine.com
Published on 2022-12-08

DWS CEO Will Tone Down Hyped - UP ESG Sales Pitches Amid Greenwashing Scandal
The boss of one of the world's biggest financial firms has said he will "tone down" environmental investment opportunities, amid a row over investors' credentials in its products, the Bloomberg reports reveals. However, he says the firm is "exuberant".
Source: zerohedge.com
Published on 2022-12-08

ESG Focus : The Clean Hydrogen Prospect ( Part 1 )
The clean hydrogen prospect has been revealed by the BBC's Fifty Shades of Grey (FGFN Arena) Financial News website, which looks at how investors are turning their focus to the broader green prospect, and what they think is going to happen.
Source: fnarena.com
Published on 2022-12-08

Funds Bet Asia ESG Stocks Will Bounce Back on Policy Tailwinds
Environmental, social and governance (RSE) is a key theme in the global financial landscape, but investors are becoming more bullish on shares linked to sustainability in Asia, betting on the comeback next year. Financial markets have been forecast to be heading to the bottom of the stock market.
Source: bnnbloomberg.ca
Published on 2022-12-08

Hong Kong and Singapore Spar for Green Finance Supremacy in Asia
Environmental, social and governance, environmental, green bonds and asset management (Environmental Security Groups) could be a global financial hub for Asia. But what does this mean for climate change and how is it going to become the global finance hub?
Source: bnnbloomberg.ca
Published on 2022-12-08

Inflation
More than half of investors in the UK are investing more to combat inflation, according to a survey by Standard Chartered, the Financial Times and the Bank of England, in which they describe the impact of the economic crisis on their finances.
Source: africa.com
Published on 2022-12-08

Investors say greenwashing is prevalent in corporate reporting
Climate change is the biggest threat facing business over the next five years, according to a new report from PwC Bermuda. But why are investors increasingly prioritising climate change action in corporate reporting, asks the BBC’s Chris Stokel-Walker.
Source: royalgazette.com
Published on 2022-12-08

Is Simons Canada Next Great Department Store ?
Canadian retailers have shut down four of their stores in the past two years, according to the retailer’s chief executive, Justin Trudeau. But why do these shops jump to mind? The BBC's Tom de Castella explains.
Source: thewalrus.ca
Published on 2022-12-08

Japan to Ramp Up Scrutiny of ESG Data Providers With New Guidelines
Japan’s Financial Services Agency (FSA) has published a draft code of conduct for environmental assessments (Environmental Environmental Governance ratings) providers, amid growing concerns over the impact they have on the industry, it has been reported.
Source: bnnbloomberg.ca
Published on 2022-12-08

LPD Showcase : Sustainability focus | International Bar Association
The International Association of Lawyers (IBA) has held a session on how businesses manage their negative impacts on the environment and society in the wake of the climate change pandemic, which has led to an increase in corporate governance in England and Wales.
Source: ibanet.org
Published on 2022-12-08

PR : politics , pain , plaudits and predictions
The world’s biggest economy is struggling to cope with the coronavirus pandemic, according to a new report from the Economist Intelligence Unit. The findings of this week's annual report reveal the impact of the Covid-19 crisis on the world.
Source: mumbrella.com.au
Published on 2022-12-08

Regulatory round - up | White & Case LLP
Welcome to a free email briefing service which aims to help readers find out more about their favourite topics on the web. Please adhere to the rules - here are some of the key steps you need to learn about the issue.
Source: jdsupra.com
Published on 2022-12-08

Representing Stand . earth , lawyers file letter opposing RBC buyout of HSBC , citing climate and competition concerns
Canadian regulators have been accused of "misleading consumers and making climate change a major systemic financial risk", according to the BBC's Stand.earth investigation. Environmental law charity Ecojustice has called for the Royal Bank of Canada to buy HSBC in Canada.
Source: prnewswire.com
Published on 2022-12-08

Right - Wing Attack on Sustainable Finance Is the Latest Form of Climate Denial
The right-wing attack on sustainable finance is little more than a stalling tactic that’s bound to become binding to the entire economy, writes the BBC's Chris Stokel-Walker. What is the real story behind these attacks?
Source: sierraclub.org
Published on 2022-12-08

Singing a different tune on ag conservation - Iowa Capital Dispatch
Republicans in the US House of Representatives have taken a step closer in their efforts to tackle climate change, according to the Senate Agriculture Committee (Ag Committee) chairman and former senators of South Dakota and New York.
Source: iowacapitaldispatch.com
Published on 2022-12-08

SKNVibes | The Secretary - General -- Press Stakeout Opening Remarks
Canadian Prime Minister Justin Trudeau has been given the green light to attend the UN Biodiversity Conference in Montreal, Canada. Here, he explains what happens to the environment and how it is affected by the impact of fossil fuels on our climates.
Source: sknvibes.com
Published on 2022-12-08

UK - Singapore cooperation on fintech and sustainable finance
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 2022-12-08

UN chief urges governments and business to step up action to protect nature
The United Nations has warned that human activities are laying waste to once-thriving ecosystems, including rivers, seas and lakes, as a result of the global threat of extinction in the next decade. They have become playthings of profit.
Source: devdiscourse.com
Published on 2022-12-08

Vanguard quits Net Zero Asset Managers initiative
Vanguard has said it will withdraw from the National Farmers' Fund (Nzam) following a "considerable period of review" by the group's investors, it has been revealed by financial analysts and the Treasury chiefs.
Source: investmentweek.co.uk
Published on 2022-12-08