Remove 2022 Remove Carbon Offsets Remove Greenwashing
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‘Carbon neutral’ and ‘net-zero’ claims face global greenwash crackdown

Corporate Knights

Back in 1986, an ecologist on a research trip to Fiji reportedly coined the term “greenwashing” in an essay critiquing a beachfront resort’s towel reuse policy. Four decades later, greenwashed marketing claims, did not, it turns out, come out in the wash. The agency only issues greenwashing fines only every few years.

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Aviation is plotting a sustainable course

GreenBiz

body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline. The pandemic led ICAO to scale back the program, CORSIA (for Carbon Offsetting and Reduction Scheme for International Aviation), to make it easier for airlines to comply. It’s not just passenger carriers.

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Delta Hit with Greenwashing Lawsuit over Carbon Neutrality Claims

ESG Today

The lawsuit comes as companies globally face increasing scrutiny of their environmental sustainability claims, with consumers and regulators increasingly on the lookout for greenwashing, or claims that exaggerate or misrepresent the impact or sustainability profile of products and business operations.

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Cooking the books: The magical math of ‘climate-friendly’ meat

Corporate Knights

In 2023, we purchased carbon offset credits from 16 projects that neutralized approximately 7% of our Scope 3 emissions,” Maple Leaf spokespeople tell Corporate Knights – specifically for products that carry the “carbon zero” marketing label. But by 2022 the narrative had shifted.

Net Zero 363
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EU Adopts New Rules to Protect Consumers Against Misleading Green Claims

ESG Today

The European Council announced that it has adopted a directive aimed at protecting consumers from misleading green claims and other greenwashing practices, including banning unverified generic environmental claims such as “environmentally friendly,” or “biodegradable” and those based on emissions offsetting schemes.

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The music industry changes its tune on climate change

Corporate Knights

As an example, he points to Big Time, the 2022 album by singer/songwriter Angel Olsen. Aiming to create a carbon-negative album release, they calculated the “cradle-to-grave” carbon impact of both a CD and vinyl LP from manufacturing to shipping, from its life in a fan’s stereo to its likely afterlife in a landfill 100 years from now.

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Pension Plans Increase Focus on ESG Investing for a Sustainable Future

3BL Media

The voluntary carbon-offset market is rapidly evolving and is expected to grow to around $250 billion by 2050 from only $2 billion in 2020. With transparency and accountability as the foundations of ESG investing, it is paramount that sponsors demonstrate that their investments are in fact green and not greenwashed.

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