The fight against greenwashing is made harder by a string of incompatible rules July 12, 2022 So-called “green” investment claims, and the substance behind them, are on top of the agenda for businesses and their investors. International regulators are, as a consequence, trying very hard to establish a workable framework. Different jurisdictions have different sustainability disclosure requirements, and this is putting companies, investors and asset owners under pressure. ESG disclosure regimes [...]
‘I knew I wouldn’t be loved’: The FCA’s ESG chief talks ruffling feathers in the fight against greenwashing April 27, 2023 ESG has become the City’s favourite acronym over the past three years and almost every boss and investment manager has scrambled to plant their flag on the standards as closely as they possibly can. But those claims and labels don’t always stand up to scrutiny. Greenwashing is running rampant. Clean and green claims are being [...]
Environmental terms confuse Brits and make them wary of greenwashing says ad watchdog October 20, 2022 The advertising regulator has called for greater standardisation of environmental terms after it found that many Brits struggled to understand what terms like “net zero” actually mean. In a report published by the Advertising Standards Authority (ASA) this morning, it said that while “carbon neutral” and “net zero” were the most familiar phrases, there was [...]
Deutsche Bank unit raided in Germany over ‘greenwashing’ allegations May 31, 2022 Prosecutors in Germany raided Deutsche Bank’s asset management unit DWS and the bank’s headquarters yesterday.
Greenwashing creates ‘false confidence’ in climate fight, environment chief warns July 4, 2022 Rampant greenwashing is creating a "false confidence" in the fight against climate change and threatening to to derail efforts to hit net zero targets, the chief of the UK’s environment agency will warn today.
Climate startup Altrustiq bags £15m as investors hunt for greenwashing solution July 25, 2022 London-based climate tech firm Altruistiq has bagged £15m in seed funding today as investors bet on 'carbon accounting' as a solution to the rise of greenwashing.
Stricter ESG rules needed to stamp out greenwashing, City minister warns July 18, 2022 Sustainable investing needs stricter standards in place or greenwashing will continue to rise, the newly appointed City minister warned today.
Reckless greenwashing has tarnished faith in the private sector’s role in social issues July 26, 2022 AFTER the past month anyone might be forgiven for struggling to remember what last year’s biggest priorities were. While political attention has been whisked away from the stark problems we face, those problems have not helpfully agreed to go on standby. If anything, they have intensified – and nowhere is this more evident than the [...]
Why the financial world should be demanding authenticity December 13, 2023 There is every reason for the financial world - and the public beyond it - to be sceptical of greenwashing.
Think-tank calls for ESG regulation to clampdown on ‘greenwashing’ February 21, 2022 A regulatory research body has called on Britain to clampdown on corporate ‘greenwashing’ by regulating sustainability ratings, as investors increasingly seek out sustainable investment opportunities.