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CDP: Finance giants underestimating nature-related risks

…avoid greenwashing, among other things. In addition to the financial realm, research shows that the business sector has too relegated nature and biodiversity to a secondary position in their climate…

Royal Mail gets SBTi’s seal of approval for net-zero strategy

…Markets Foundation are urging the SBTi to align its Net-Zero Standards with guidance issued at COP27 by a UN-convened High-Level Expert Group. This guidance is intended to stamp out greenwashing….

Report: Business giants fall short on regenerative agriculture commitments

…to ensure they don’t fall foul of anti-greenwash regulations.” A mere 8% of the 50 companies, such as Nestlé, PepsiCo and JBS, have taken the step of setting financial targets…

Delivering the Paris Agreement ‘a $275trn investment opportunity’, asset owners tell policymakers

…at the summit. They needed to evidence that they are not “backsliding, greenwashing, blame-shifting or repackaging announcements from previous years”. Speakers included representatives from Brazil, Canada, France and the EU…

Climate Crisis: Will we ever get to the heart of the challenge?

…all doing enough of the right things, and steering away from any temptations for greenwashing. Disclosure, reporting and compliance are still important activities, but only represent part of a more…

From green jobs for youth to just transition funding: The 11 biggest announcements from Climate Week NYC and the UNGA

…Agreement. Guterres expressed dismay at nations “greenwashing, backsliding and repackaging existing commitments”, barring major emitters including the US and China. The UK had already ruled itself out. It later emerged…

How can companies align with the Sustainable Development Goals and why does it matter?

…But this is where the risk arrives. The SDGs are not for greenwashing. It’s through alignment and materiality mapping that companies can identify which SDGs are most relevant to their…

UK Government urged to rule out hydrogen heating, especially in rural communities

…clarity about what the transition looks like for households in different parts of Great Britain affects these costly decisions. It also opens up risks of greenwashing, as identified in an…

$9.5trn Net-Zero Asset Owner Alliance sees its first fall in financed emissions

…aligned with 1.5C. HBL also became on official signatory to the UN Principles for Responsible Banking. Related article: Are major asset managers greenwashing with their net-zero targets? ShareAction thinks so…

edie 24: Flagship climate action event returns to drive business transformation

…industry partners, our speakers and our delegates accountable through an industry-leading Mission Statement. The Statement includes clear commitments to speaker diversity and inclusivity, a strict no-greenwashing policy, and a clear…

EFRAG and CDP join forces to drive corporate uptake of EU sustainability reporting standards

…to the European Commission will support capital markets to compare companies, reduce greenwashing and redirect capital. And our collaboration with CDP will help to accelerate these standards’ market uptake, building…

Companies enroll in VCMI initiative to clarify usage of high-quality carbon credits

…spoke to edie on the imbalance between “well-intentioned companies” that want to work with “integrity” who are still reluctant to participate in the market due to concerns over greenwashing or…

EU Parliament votes to dilute new ‘Euro 7’ vehicle pollution limits

…“worse than useless”, arguing that the updated law should be renamed “Euro 6F” as it does little to improve upon its predecessor. “Car companies will use [Euro 7] to greenwash

COP28 Action Tracker: The UN’s stark new climate warning and renewed China-US collaboration

…finance goal being met US and China agreement sets the tone for COP28 Loss and damage fund gets a ‘compromised’ draft deal What to expect around carbon capture greenwashing at…

‘A mixed bag on net-zero’: How did the green economy react to the Autumn Statement?

…a more sustainable future, creating jobs and economic prosperity, we must build investor confidence, address greenwashing risks, and tackle more of the UK’s underlying investment barriers. The Chancellor didn’t go…

28 voices on COP28: What we want from the climate summit (part 2)

…the system.” John Morton, managing director, Pollination: “The UAE has much to prove and much to lose at COP. Will they lead on climate, or facilitate the highest-profile greenwashing event…

$57bn in climate finance and carbon credit controversies: The 7 biggest stories from 4 December at COP28

…funding and guarantees that this will be accessible. Debates are also raging regarding greenwashing – whether that’s around tenacious claims on fossil fuels or debates on international carbon markets. To…

The first week of COP28: The nine biggest talking points

…exposés have uncovered potential greenwashing in forest credits sold on the voluntary markets and revealed accusations of human rights abuses in the development of projects for markets in which nations…

Transition finance: UK to undertake six-month market review as foundation for growth

…the Government statement highlights, will not be enough. Integrity will need to be baked in to prevent greenwashing if the investment opportunities are to be attractive, and if the finance…

From Rishi Sunak’s green policy rollbacks to COP28 controversies: The top sustainability stories of 2023 (part two)

…to tackle greenwashing in nature-based carbon offsetting. The principles, jointly developed by four environmental NGOs plus Finance Earth and Federated Hermes, cover issues including additionality, permanence and verifiability. October was…