16th November 2022 News

European Regulators Launch Greenwashing Study

European Supervisory Authorities (ESAs) announced a Call for Evidence on greenwashing, intended at gathering information on greenwashing risks and practices across the banking, insurance and financial markets sectors. The step was taken considering the past several months in which several high-profile greenwashing-related cases were seen, practices like these could undermine trust in sustainable finance.Read more

BMW Sources Low-Carbon Steel for Global Production

BMW Group announced a series of new supply agreements for CO2-reduced steel in the US and China, as part of the company’s chain decarbonization efforts. As per the company, around 20% of supply chain CO2 emissions for a mid-sized fully-electric vehicle are attributable to steel. And in general as well ,Steelmaking is one of the biggest emitters of CO2 globally. Read more

ESG Team
the authorESG Team