WebApr 11, 2024 · Manama, Kingdom of Bahrain – 11 April 2024 – The Central Bank of Bahrain (“CBB”) announces the launch of Greenwashing TechSprint in collaboration with the Global Financial Innovation Network (GFIN). The CBB will be among 13 international regulators taking part in the first edition of the competition. WebAug 3, 2024 · BaFin starts consultation to address greenwashing By Luigi Serenelli 3 August 2024 Save article The German financial supervisory authority, BaFin, has opened a consultation process on a series of draft guidelines for sustainable investments of Publikumsfonds which address the concept of greenwashing.
The FCA released Consultation Paper CP22/20 on the UK …
WebTypically, greenwashing refers to falsely enhancing a product’s or business’ sustainability profile. The UN Report expands that concept to various areas of corporate activity, such as using inexpensive carbon credits, investing in fossil fuel production, or taking affirmative steps to undermine government climate initiatives, which ... Web1 day ago · The consultation runs for just 10 days, however, following which the Government will publish a final strategy – a move that has angered some green groups. Responding to the strategy, UK100’s interim chief executive, Jason Torrance, said: “After waiting so long for the strategy, it is incredible that the Government is giving local ... coffeerugy
EU moves to clarify
WebOct 25, 2024 · This consultation sets out the core elements of the regime, initially focusing on UK-based funds and portfolio management. The FCA intends to follow with a … WebJan 13, 2024 · ICMA told the ESAs that the core features of greenwashing it had presented in its consultation paper were “excessively broad and therefore unhelpful”, covering “a wide range of behaviours ... Web’Greenwashing’ is a form of mis-selling, which may be deliberate or inadvertent. In protecting against greenwashing, we want to ensure consumers have access to ‘green’ or sustainable financial products and services that meet their needs. coffee rug