Browsing Tag
Greenwashing
33 posts
£34.5bn in UK ESG funds labelled, £280bn remain unlabelled
New research has revealed that UK investment funds worth £34.5 billion ($45 billion) in assets under management have…
German asset manager DWS fined €25 million for greenwashing claims
German asset management firm DWS has been fined €25 million by prosecutors following a lengthy investigation that concluded…
Study finds 4,792 ESG funds invest over €123bn in fossil fuel expansion
Financial research conducted by NGOs Urgewald and Facing Finance has exposed large-scale greenwashing within European ESG funds, revealing…
IETA urges clarity on carbon credit use in EU green claims rules
As technical negotiations on the EU Green Claims Directive approach, the International Emissions Trading Association (IETA) has urged…
Active Super fined AU$10.5 million in ASIC’s third greenwashing case
Active Super has been ordered to pay an AU$10.5 million penalty by the Federal Court after the Australian…
JP Morgan’s ‘sustainable’ funds face scrutiny over Glencore investments
JP Morgan has promoted environmental and ‘sustainable’ investment funds that have directed over £200m into mining giant Glencore,…
Apple faces lawsuit over ‘carbon neutral’ watch claims
Apple is facing legal action from consumers who allege that its claims about three versions of the Apple…
Nearly a quarter of Article 8 funds at risk of greenwashing, report finds
A new report by ESG and sustainability data provider MainStreet Partners has revealed that nearly a quarter (23%)…
Climate activists challenge WPP’s fossil fuel links in OECD complaint
Environmental campaigners have lodged a complaint against WPP, a leading London-based advertising firm, with the Organisation for Economic…
Australian corporations abandon carbon offset scheme
Hundreds of Australian businesses have withdrawn from the federal government’s voluntary carbon-neutral certification programme, Climate Active, amid increasing…
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