Tag: greenwashing

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The ESG Report

The ESG Report – Ben Vivari and Kyle Purcell on Sustainable Investing

The ESG Report podcast is hosted by Tom Fox. Looking for innovative solutions to tackle climate change? Look no further than The ESG Report! In this episode, Tom speaks with Ben Vivari and Kyle Purcell about ESG investing.

Ben Vivari and Kyle Purcell are seasoned professionals with a strong background in business and sustainable investing. Ben Vivari, with his classic MBA and deep interest in corporate social responsibility, co-founded the Till Investors Initiative with Kyle Purcell, recognizing the growing importance and future of ESG investing. Vivari believes that ESG investing is inevitable and will continue to gain momentum, particularly as younger generations gain more financial power. Similarly, Kyle Purcell, a prominent communicator and educator in the financial industry, sees ESG investing as an unstoppable trend. He emphasizes the need for corporations to provide non-financial disclosures to avoid appearing outdated and believes that smaller companies will face challenges if they do not prioritize ESG performance factors. Join Tom Fox, Ben Vivari, and Kyle Purcell on this episode of the ESG Report podcast as they delve deeper into the growing importance and future of ESG investing.

Key Highlights:

  • Sustainable Investing and the Future of Finance
  • Empowering Sustainable Investing with Till Investors
  • Unstoppable Momentum: ESG Programs and Investments
  • Aligning Investment Strategies with Individual Values
  • The Impact of False ESG Claims
  • The Rise of Investor-Driven ESG Programs

Resources

Ben Vivari on LinkedIn

Kyle Purcell

Till Investors

Tom Fox 

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending July 29, 2023

Welcome to 10 For 10, the podcast which brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • Zelensky warns about corruption. (FT)
  • Ukraine tackles corruption. (EuroNews)
  • New cyber disclosure rules go into effect. (AP)
  • Najib deposed in 1MDB case. (Bloomberg)
  • Cognizant investigation not outsourced. (WSJ)
  • DWS closes in on settling greenwashing charges. (FT)
  • Prosecutors want SBF jailed pre-trial. (WSJ)
  • DOJ revamps Crypto enforcement team. (WSJ)
  • Altice co-founder denies corruption. (Reuters)
  • US consultancies struggle in China after raids. (FT)

You can check out the Daily Compliance News for four curated compliance and ethics related stories each day, here.

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Daily Compliance News

November 2, 2022 the I Did it For Love Edition

In today’s edition of Daily Compliance News:

  • Was it love or was it cheating? (CBSChannel9)
  • Cheating in cornhole. (WSJ)
  • Paying for good news. (ESPN)
  • Greenwashing at the World Cup. (si.com)
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Daily Compliance News

Daily Compliance News: October 26, 2022 the Texas Two Step Edition

In today’s edition of Daily Compliance News:

  • Take off those Adidas. (NYT)
  • Tech lessening productivity. (Bloomberg)
  • FCA goes after greenwashing. (Reuters)
  • Is the Texas two-step legal corruption? (FT)
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Daily Compliance News

June 1, 2022 the Deutsche Bank Raided Edition


In today’s edition of Daily Compliance News:

  • SCt blocks the state of Texas’s attempt to dismember social media. (NYT)
  • Klarna’s CEO posts a list of fired employees on LinkedIn? (Bloomberg)
  • Deutsche Bank DWS unit raided by German Police. (CNBC)
  • Head of Deutsche Bank DWS unit resigns in the wake of the raid. (WSJ)
Categories
The ESG Report

Greenwashing or Getting in Trouble While Trying to Do Good with Jonathan Armstrong


 
Jonathan Armstrong has been looking at ESG from a unique angle for quite some time. In this episode of the ESG Report, he and Tom Fox are taking a look at greenwashing, and how trying to do good can end badly.  
 

 
The Issue of Greenwashing 
One area where people can do wrong by trying to do good is combining the energy crisis with ESG. Corporations attempt to get with the ESG program by talking about carbon neutrality or the use of renewable power, but many have gone beyond simply saying ‘We are carbon neutral!’ to sound more like ‘We’re doing what’s best for the planet!’ Making these claims potentially subject your company to fair trading law across Europe, and can lead to fines or even prison in extreme cases, if the statement cannot be backed up. 
 
The Dark Side 
The production of solar panels, wind turbines, and biofuels are associated with a number of issues, including forced labor, armed conflict, corruption, ecosystem destruction, and allegations of fraud and money laundering. Jonathan discusses all of these, making it clear that, “We shouldn’t necessarily assume green is good.”
 
Responses of the EU & UK 
The biggest response has come from the UK parliament, which have had a specific inquiry into supply chains and proposals for new legislation, including a toughening of the UK Modern Slavery Act. Jonathan’s advice is to provide complete due diligence on who is selling the goods, and where they are coming from, to ensure a good ESG program. “A corporation does not have a good ESG program if one of its first acts is being prosecuted for abuses involved in alternative fuel source production,” he tells listeners.
 
RESOURCES 
Tom Fox’s email
Jonathan Armstrong | LinkedIn | Twitter
 

Categories
Everything Compliance

Episode 97-the ESG Edition


Welcome to the only roundtable podcast in compliance. The entire gang was also recently honored by W3 as a top talk show in podcasting. In this episode, we have the quartet of Jay Rosen, Jonathan Armstrong, Karen Woody and Matt Kelly. We conclude with our fan favorite Shout Outs and Rants.

1. Jay Rosen discusses the connection an ethics and compliance corporate culture survey and an ESG culture survey. Rosen also discusses what companies can do to improve overall ESG culture.  Rosen rants the Academy of Motion Picture snubbing of the Director of Dune for Best Director when the picture won 6 other Oscars.

2. Matt Kelly takes a deep dive into the SEC proposed rules on climate risk disclosure and their impact on the compliance profession.  Kelly shouts out to the Golden Raspberry Foundation, who award the ‘Razzie’s’ for withdrawing their previously created award of Worst Performance by Bruce Willis in a Bruce Willis movie after the actor retired due to Aphasia.

3. Jonathan Armstrong looks at greenwashing and how companies which are trying to do the right thing often get in trouble by doing it the wrong way. Armstrong shouts out to Tina Turner for advancing the cause of GDPR and explaining once and for all time ‘what’s love got to do with it.’

4. Karen Woody explains the SEC rule making process and how it can be challenged and responds to SEC Commissioner Peirce’s dissent to the proposed rules. Woody shouts out to the magic of Harry Potter World in Orlando have what she described as ‘awesome’ roller coaster rides, well worth the 3-hour wait in line.

5. Tom Fox rants Academy of Motion Picture Arts and Sciences for their incompetent response to Will Smith slapping Chris Rock at the Oscars and reminds us that workplace violence is never acceptable. 

The members of the Everything Compliance are:
•       Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
•       Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu
•       Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
•       Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com
•       Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com
The host and producer, ranter (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.