News about greenwashing on 2023-01-13

Black swan could derail economic outlook : Robeco
The global economy could be threatened with a recession, according to analysts from the Royal Bank of Scotland (Robo) - the world’s biggest financial forecaster and chief economist of the Advisory Group (RBO).
Source: investordaily.com.au
Published on 2023-01-13

You couldnt make it up : Head of UAE oil company appointed chair of UN climate summit
The United Arab Emirates has announced the appointment of Sultan al-Jaber as president of the UN’s climate summit, threatening a rapid phase out of all fossil fuels in the global warming negotiations, Oil Change International has said.
Source: nationofchange.org
Published on 2023-01-13

Addressing climate change a major challenge for cruise lines
Scientists and students from the University of Miami and Fort Lauderdale have developed a new way to reverse the decline in coral reefs in the Caribbean, writes the BBC's Tom de Castella. But what does this mean for the oceans?
Source: virginislandsdailynews.com
Published on 2023-01-13

Amundi $48 Billion in ESG Fund Downgrades Exposes Holdouts
A wave of downgrades triggered by stricter regulatory guidance has exposed significant variations in how investment firms are interpreting rules for the European Union’s top environmental, social and governance fund class, known as Article 9. Amundi says it's stripping the label from almost all its funds, effective this month.
Source: bnnbloomberg.ca
Published on 2023-01-13

Australian Securities and Investments Commission Levies Another Greenwashing Fine | Cadwalader , Wickersham & Taft LLP
Australian regulators have been accused of making incorrect statements about greenhouse gas emissions in a row over the amount of money they have spent on offshore oil and gas projects in the US and the UK, according to the New York Times.
Source: jdsupra.com
Published on 2023-01-13

Breathing life into the real Sri Lanka
It is a remarkable experience that could help boost the tourism industry in Sri Lanka, according to one of the world’s most successful travel designers, Chamintha Jayasinghe, who has launched Ayu in the Wild in 2012, to promote the beauty of life in remote areas.
Source: ttgasia.com
Published on 2023-01-13

Brian Kemp and the Electric Car : A Love Story
Climate change is a major issue in the US, but why do scientists really think about the impact of human-caused carbon emissions? The BBC’s Chris Stokel-Walker looks at some of the key issues surrounding climate change.
Source: msn.com
Published on 2023-01-13

Climate Change Litigation and Recent SEC Greenwashing Enforcement
In our series of letters from African journalists, writer and environmentalist Adaobi Tricia Nyong'o looks at the challenges facing climate change litigations across the world. Here is a look at how the process has changed since the start of the pandemic.
Source: natlawreview.com
Published on 2023-01-13

Congress encourages corporate sponsorship of USDA conservation programs | Food and Environment Reporting Network
A new law that allows agribusiness corporations to influence federal farm conservation policy is being debated in the US House of Representatives. But what does this mean for farmers and their environmental policies, asks Tom de Castella, a former agriculture minister.
Source: thefern.org
Published on 2023-01-13

Enviro Groups File Lawsuit Challenging Approval of NY PSC Fracked Gas - Powered Crypto Mining Operations
A group representing Western New York and Sierra Club has filed a lawsuit against the US Supreme Court over the sale of Fortistar North Tonawanda gas power plant to Canadian cryptocurrency mining companies. The BBC's Jonathan Head looks at the challenges.
Source: readme.readmedia.com
Published on 2023-01-13

Environmental Groups File Lawsuit Challenging New York Public Service Commission Approval of Fracked Gas - Powered Crypto Mining Operations
A climate change lawsuit has been launched against New York’s Supreme Court over the sale of Fortistar North Tonawanda gas power plant to a Canadian cryptocurrency mining company. The BBC looks at the latest twists in the case.
Source: earthjustice.org
Published on 2023-01-13

ESG accounts for 65 % of all flows into European ETFs in 2022
European-domiciled exchange traded funds (ETFs) have gathered a record €51bn in the year to 2022, according to the latest figures from the Royal Society of Economics and Financial Advisory (S&P) .
Source: ft.com
Published on 2023-01-13

ESG funding holds up in Asia in 2022 defying a global decline
The issuance of bonds linked to environmental, social and governance themes in Asia has fallen to its lowest level in more than a decade, according to new figures released by Barclays and Refinitiv Holdings, in London.
Source: dealstreetasia.com
Published on 2023-01-13

EU drafts law to fight companie greenwashing
Companies could be given a "level playing field" when promoting their products as "climate neutral" or "containing recycled materials", according to new proposals being considered by the European Commission. They would have to ensure environmental claims are not substantiated.
Source: rte.ie
Published on 2023-01-13

Freeports in Scotland : What are they and what are the risks ?
A deal has been agreed between the Scottish government and the Greens over the creation of two new freeports in a row over “greenwashing” which has erupted in the past year. But what does it mean for Scotland and why?
Source: thenational.scot
Published on 2023-01-13

FRWG December 2022 – Joint Statement - Markets Wired
The UK and the United States have held a series of meetings to discuss financial stability and investment protection between the two nations, including the Bank of England, the US Department of the Treasury and Financial Conduct Authority (FedC) .
Source: marketswired.com
Published on 2023-01-13

Gas stoves debate explodes in Washington
In a matter of days, those blue-flamed cooktops have become emblems of the partisan battle over the future of America’s energy, from incandescent light bulbs to standard toilets.In the same way, the Republicans say Democrats are gunning to outlaw or ruin.
Source: politico.com
Published on 2023-01-13

Half all environmental claims about products misleading – EU
Almost half of environmental claims made about advertised products are "unclear and ambiguous", according to a new report from the European Union's Environmental Regulatory Register (The Register) in the wake of the coronavirus pandemic. Why is it so important?
Source: theregister.com
Published on 2023-01-13

How many unused candles do you have ?
The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to us for their readers on how to cut down on food waste and cut back on gadget use. Here are some of the things you need to know about the new year.
Source: islingtontribune.co.uk
Published on 2023-01-13

How To Innovate Your Way Out Of A Global Recession
The world's biggest economy is heading to a recession in 2023, according to the International Monetary Fund (IMF). Here are some of the key challenges facing marketing leaders, and how they can make their business outcomes tomorrow, writes Economy Strategygetty.
Source: forbes.com
Published on 2023-01-13

Hundreds attend climate change talk featuring Vice President Kamala Harris at U of M
The US government is investing $1 trillion in the fight against climate change, according to the US Secretary of State, Kamala Harris, who has been speaking for the first time in a speech at the University of Michigan.The BBC's Tracy Samilton reports from the city.
Source: michiganradio.org
Published on 2023-01-13

Interview : Michael Wilkins , executive director , Centre for Climate Finance and Investment , Imperial College , London
In our series of letters from African journalists, economists and finance professionals from around the world explain how they work at Imperial College London. Here is a full transcript of the business climate-finance programme presented to the BBC's weekly The Boss.
Source: churchtimes.co.uk
Published on 2023-01-13

IOSCO Launches a Consultation on Compliance and Voluntary Carbon Markets Design
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 2023-01-13

Israel : US Palestine rights group urges Court to dismiss JNF bogus terrorism claim
A US appeals court has heard arguments against a US-based Jewish group's alleged involvement in attacks on Israelis and US citizens in the Gaza Strip, which have been thrown out by Palestinian militants in Israel.
Source: middleeastmonitor.com
Published on 2023-01-13

Japan Proposes New Guidelines on ESG Public Funds in Response to Greenwashing Concerns | Morgan Lewis
Japan has introduced new guidelines for public investment trust funds in order to avoid a "greenwashing" of environmental investments. Environmental, social, and governance are among those created under the financial instruments and exchange laws of the country.
Source: jdsupra.com
Published on 2023-01-13

Key developments in sustainability claims in 2022
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 2023-01-13

Larry Fink Wants To Tokenize Stocks And Bonds
Environmental, social and governance issues have drifted to the forefront of investing over the last several years, but more recently, the issue has become contentious. So what is the impact of environmental issues on investors and why is it so controversial?
Source: menafn.com
Published on 2023-01-13

Oprah Winfrey , now worth an estimated $2 . 5 billion , says you should spend your money like this and the genius of it is that for some of you , it a simple trick to save more
Oprah Winfrey has been named as the world’s richest woman, and says she wants to spend more money on the truth of who you are and what you love. But what can it do for you and how you spend it in line with your values?
Source: marketwatch.com
Published on 2023-01-13

Regulators Feel Pressure To Take A Harder Stance On Greenwashing
Greenwashing is a type of corporate propaganda, according to the BBC’s Chris Stokel-Walker. But does it mean that environmental policies are based on the quality of the environment and the impact of carbon emissions from greenhouse gases and renewable energy?
Source: cleantechnica.com
Published on 2023-01-13

Strong ESG issuance in Asia defies global decline By Reuters
Environmental, social and governance bonds in Asia have fallen to their lowest level in more than a decade, according to the latest figures from the Royal Bank of Scotland (RBS) - the world's biggest bond issuance.
Source: investing.com
Published on 2023-01-13

Sustainability reporting : interoperability key to its success
The PWC has called for a global assessment of sustainability standards to make it clear how firms are getting to comply with differing frameworks and regulatory disclosure requirements, according to the organisation's annual report on climate change (PWC).
Source: accountancyage.com
Published on 2023-01-13

UAE Cop28 president will keep role as head of national oil company | Cop28
The chief minister of the United Arab Emirates (UAE) is to step down following a row over his role in the UN climate summit, it has been revealed by the Guardian newspaper on Thursday. UAE activists have been accused of threatening to block the agreement.
Source: theguardian.com
Published on 2023-01-13

UAE Selects Fossil Fuel Exec to Lead COP28
The president of the United Arab Emirates’s national oil company, Sultan Ahmed Al Jaber, has been named as the president-designate of a UN climate summit, according to the BBC's Global Witness investigation. Climate campaigners have called for his appointment to lead peace talks.
Source: desmog.com
Published on 2023-01-13

What to Make of ESG ?
The growing debate over the future of investors and companies in the financial markets of the United States and the US appears to have a huge impact on the global economy. But what is it like for those who want to buy their own cars?
Source: maritime-executive.com
Published on 2023-01-13