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EU finalises investment fund labels to combat greenwashing

by AIP Online Bureau | May 19, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management

The European Securities and Markets Authority (ESMA) said a fund that has any environmental, social or governance (ESG) related words in its name must have at least 80% of assets that meet ESG objectives in accordance with the binding elements of its stated investment...

Air France, Lufthansa Group airlines part of EU greenwashing probe

by AIP Online Bureau | May 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Risk Management

Industry group Airlines for Europe (A4E) said in a statement that it recognised the importance of clear information about sustainability, but that current regulations in the EU “vary significantly between countries and are still evolving”. It is unclear...
Regulators are trying to stop greenwashing before it gets worse

Regulators are trying to stop greenwashing before it gets worse

by AIP Online Bureau | Sep 19, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The Australian Competition & Consumer Commission (ACCC) lists sustainability communication among its key priorities, and in Italy an oil company was fined €5 million for calling its diesel “green.” The US Federal Trade Commission (FTC) is currently updating its...

New rules aim to clamp down on corporate greenwashing

by AIP Online Bureau | Jun 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...

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