Visa, the global leader in digital payments, has been at the forefront of sustainability and corporate responsibility initiatives. As the world becomes more conscious of the environmental, social, and governance (ESG) aspects of businesses, Visa has recognized the importance of measuring and communicating its sustainability efforts. In this article, we will delve into the Visa … Read more
In a groundbreaking move, the Financial Conduct Authority (FCA) has recently unveiled a comprehensive set of measures aimed at bolstering trust and transparency in sustainable investment products while combatting the prevalent issue of greenwashing. This significant development includes Sustainability Disclosure Requirements and an investment labels regime, underscoring the FCA’s commitment to fostering a world-leading, competitive … Read more
The path towards sustainable business practices is a journey that every company must embark on. However, amid this pursuit, there lurks a deceptive spectre that can derail even the most well-intentioned efforts: greenwashing. Greenwashing involves the practice of portraying a company or its products as more environmentally friendly than they truly are – whether intentionally … Read more
In today’s rapidly evolving market, consumers are becoming increasingly aware of the importance of sustainability. Companies are capitalizing on this trend by adopting a green image and incorporating environmental messaging into their marketing strategies. However, as most of us are now acutely aware, not all claims are as green as they seem. This is where … Read more
In this comprehensive guide, we delve deep into the The EU Corporate Social Responsibility Directive (EU CSRD) to provide you with a detailed understanding of its implications, requirements, and how it may impact businesses across Europe. Introduction The EU Corporate Social Responsibility Directive, often referred to as EU CSRD, is a pivotal regulatory framework that … Read more
Our ongoing participation in the Global Financial Innovation Network (GFIN) TechSprint has yielded promising results, reinforcing our commitment to transparency and sustainability. We are delighted to share recent updates on progress in building a framework for greenwashing detection below. Achievements So Far In our relentless pursuit of a sustainable future, Permutable has achieved several critical … Read more
Greenwashing in Sustainable Loans: Key Takeaways from This Article In an era of heightened environmental awareness, the term “sustainability” is widely invoked, but skepticism due to greenwashing is a concern, especially within sustainable loans. Sustainable loans are a critical area where greenwashing can mislead consumers, presenting an eco-friendly image that doesn’t match reality. Greenwashing diverts … Read more
In the ever-evolving landscape of the banking industry, ESG factors have gained paramount importance in driving a transition towards a more sustainable finance system. Bank of America emerges as a frontrunner in this transformative journey, with an outstanding ESG rating that showcases its steadfast commitment to sustainability and responsible business practices. In this article, we … Read more
The International Sustainability Standards Board (ISSB) has taken a significant step forward in promoting sustainability in capital markets worldwide. The issuance of the ISSB standards, IFRS S1 and IFRS S2, marks the beginning of a new era of sustainability-related disclosures. These standards aim to enhance trust and confidence in company disclosures regarding sustainability, providing valuable … Read more
Permutable AI is thrilled to announce its participation in the first-ever virtual Greenwashing TechSprint organized by the Global Financial Innovation Network (GFIN). The TechSprint, hosted on the FCA’s Digital Sandbox platform kicked off on June 5 and is running for three months culminating in a showcase day in September 2023. As a champion of sustainable finance … Read more
