Sarah George

1 week ago | edie.net | Sarah George

The Directive was first proposed in early 2023. Often called a means to ban greenwashing, it sets the minimum criteria that companies need to meet when making claims to consumers about the environmental benefits and performance of their products or services. The EU estimates that three-quarters of products sold within the bloc currently carry a green claim and has heard evidence that more than half of them are vague or misleading.

1 week ago | edie.net | Sarah George

New analysis from the Mission Possible Partnership sets out how, in the search for shovel-ready industrial projects with abundant access to affordable renewable energy, investors are increasingly supporting initiatives in the so-called ‘industrial sunbelt’. The region is defined as a group of emerging market economies with ample potential for solar energy expansion, due to their location near the equator.

1 week ago | edie.net | Sarah George

The Net Zero Asset Owner Alliance (NZAOA) has published new guidance to help its members and others in the sector assess their portfolios for exposure to deforestation and properly manage significant risks by 2030. A recent analysis of 500 large businesses with supply chains in forest-risk commodities has found that one-third have no public commitment to address deforestation. Moreover, most of the others are excluding key commodities or sourcing regions, analysts at Global Canopy concluded.

1 week ago | edie.net | Sarah George

This is a key takeaway from new research from the City of London Corporation, covering 100 of the largest financial services firms across the UK, France and Germany. 77 of these businesses reported on climate-related financial risks and opportunities last financial year.

1 week ago | edie.net | Sarah George

These findings have been published by think tank and investor convening organisation Planet Tracker, following on from the recent global UN Ocean Conference in France. This Summit convened representatives from more than 170 nations in a push for improved regulations and greater financing for ocean conservation. Planet Tracker assessed the disclosures of 30 businesses which collectively account for almost half (46%) of all tuna caught worldwide each year.