GreenBiz: Last year’s COP27 hosted more oil and gas lobbyists — serving industries that still have huge financial incentives to stick with their core polluting products — than representatives from any national delegation, except the United Arab Emirates, which is now COP28’s host.
BNN Bloomberg: Europe’s markets watchdog says it isn’t backing down from a controversial plan to restrict the use of “ESG” and “sustainability” in fund names, despite a barrage of criticism from asset managers.
Forbes: In today's fast-evolving business landscape, embracing the principles of environmental, social and governance (ESG) isn't just a fleeting trend.
BNN Bloomberg: Former US President Bill Clinton is teaming with Israeli billionaire Ziv Aviram to launch a climate fund with about $1 billion of start-up capital.
U.S. Securities and Exchange Commission: The Securities and Exchange Commission announced that it has posted to sec.gov the agency’s Diversity, Equity, Inclusion, and Accessibility (DEIA) Strategic Plan for fiscal years 2023-2026 that builds on and advances the SEC’s DEIA commitment and previous successes.
GreenBiz: We’ve all heard of greenwashing — the practice of making a company look more environmentally friendly than it actually is, through clever marketing campaigns.
BNN Bloomberg: The European Union is considering extensive changes to its ESG investing framework in response to criticism from asset managers and national regulators.
BNN Bloomberg: Climate tech investments have dipped this year, but a new fund with more than $1 billion to spend is entering the sector.
BNN Bloomberg: Elon Musk railed against ESG last year when Tesla Inc., whose stock is held by many climate-focused funds, was expelled from an S&P Global index that tracks companies on their environmental, social and governance standards.
CNBC: California lawmakers have sent a bill to Governor Newsom’s desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions.
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