Asset managers continue to raise the bar on sustainable investing despite the recent ’ESG backlash’ in the US, according to the latest findings from Isio’s Sustainable Investment Survey, which reviewed more than 140 funds from c.65 asset managers. Isio found almost all (97%) asset managers have an established ESG policy and dedicated sustainability teams in place, despite high-profile withdrawals from climate initiatives and concerns around fund labelling. Isio’s research evaluates ESG integration across asset classes, exploring developments in investment approach, risk management, stewardship, reporting and collaboration, using its proprietary Sustainability…
Search Results for: Greenwash
Soorty and Haelixa Expand DNA-Backed Traceability Partnership to Strengthen Circularity and Transparency in Global Denim Supply Chains
As global regulations tighten around greenwashing and unverified sustainability claims, Soorty, one of Pakistan’s largest vertically integrated denim manufacturers, is reaffirming its leadership in circular fashion production through its deepening partnership with Swiss traceability pioneer Haelixa. Together, the two are empowering fashion brands with forensic proof of recycled fiber origin — helping them meet rising demands for transparency, due diligence, and accountability. This traceability is embedded within Soorty’s SecondLife® — a recycled cotton initiative designed to deliver measurable impact, from resource efficiency and reduced environmental footprint to supply chain visibility…
CAP – Get the Green Light: four must do’s for sustainability claims
The ASA/CAP have released a post called: Get the Green Light: four must do’s for sustainability claims. I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. Few areas of ad regulation get advertisers as hot and bothered as making sure they’re keeping it clean when it comes to environmental and sustainability claims. After all, being beaten with the greenwashing stick is a fate nobody wants.…
OVO calls for action to electrify Britain’s homes as it launches Climate Transition Plan
OVO is calling for more collaboration to electrify Britain’s homes, calling home heating the ‘next front line in the climate fight.’ Speaking at London Climate Action Week at OVO’s Destination Electric event, hosted by BAFTA nominated journalist, presenter and film-maker Keme Nzerem, OVO will unveil its first-ever Climate Transition Plan, “Mind the Green Gap” setting out its vision to cut emissions to net zero by 2035. The plan pulls no punches: without rapid government reform and industry-wide collaboration, progress on net zero is at risk. OVO argues that home heating,…
Banks fossil fuel finance totals $869 billion in 2024, a dramatic increase in financing
The 16th annual Banking on Climate Chaos (BOCC) covers the world’s top 65 banks’ lending and underwriting to over 2,700 fossil fuel companies. Backgrounder of the report’s key findings can be found here. While the world’s top scientists from the International Energy Agency (IEA) repeatedly state that there is no need for a single new oil field, tanker, pipeline, or any fossil fuel expansion whatsoever, banks ignore climate risk and increase finance for dirty energy companies expanding their sector. This is amidst a rapid retreat from climate commitments many of…