Archive

Define greenwashing before trying to punish it, EFAMA tells regulator

The European Fund and Asset Management Association (EFAMA) has told EU regulators that until there is a satisfactory definition of what constitutes greenwashing, action to curb the practice needs to be "proportionate" to the currently limited understanding.

Mutuals sustainable investments grow, but sustainability reporting is lagging

International Cooperative and Mutual Insurance Federation (ICMIF) members boasted their ESG investment credentials in a survey, but the rate at which they are embracing "sustainable investment frameworks"...

Investors need to wise-up to 'six shades of greenwashing'

Investors are failing to recognise the rising prevalence and sophistication of 'greenwashing', and financial institutions and regulators are being too lenient on the practice,...

NextEnergy Capital launches solar strategy

Canadian financial institutions take flak for taxonomy

Dubai regulator sets sights on 'ESG taxonomy' ahead of COP28

IAASB says sustainability assurance standards urgently needed

Four largest asset managers 'backed only a fifth of 2022 climate resolutions'

Standard Chartered completes $200m sustainability-linked loan

ICMA: EU regulators' greenwashing definition 'unhelpful'

The International Capital Market Association (ICMA) has described the initial 'greenwashing' definition proposed by EU regulators as "excessively broad" and "unhelpful" towards developing regulatory approaches to the issue.