This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A wave of anti-“greenwashing” litigation is seeking to hold major players in the aviation industry to account for sensational claims of being sustainable, low-carbon or contributing to net zero. Why greenwashing? The rise in greenwashing litigation can in part be attributed to the relative ease with which cases can be brought.
They point to Verra’s carbon credit program which came under scrutiny this year for lack of verifiability and for serving as an excuse for companies not to reduce their carbon footprint. ACC’s Dewing counters that “people say this is greenwashing. But] this is not greenwashing at all.
Thanks to the rise in plastics pledges, an emerging and undefined market for plastic offsets is just beginning to take shape. And, much like the market for carbonoffsets, it’s messy. . The potential for greenwashing is high. Featured in featured block (1 article with image touted on the front page or elsewhere).
This article originally appeared in the State of Green Business 2021. body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline. The sooner that the costs of carbon control are included in the costs of doing business, the sooner new technologies will be developed. Sponsored Article.
That means avoiding “greenwashing,” or false communications about environmental action. Greenwashing is a big problem. You’ve probably heard of greenwashing. We define greenwashing and explain why it hurts your company. What Is Greenwashing? Greenwashing can be either intentional or unintentional.
As an article published by the investment management firm BlackRock Inc. in the Harvard School Forum on Corporate Governance explains : “Companies will need to assess their operations and vulnerabilities, craft scalable solutions, and consider low-carbon investments, among other initiatives.
Carbonoffset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbonoffsets market, carbonoffsets controversy and the key initiatives to follow. CarbonOffsets Markets size. Introduction.
The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Speaking on background Monday, an official said the odds of any oil or gas project taking advantage of the Article 6 provision were “relatively remote”.
This is generally a voluntarily self-imposed deadline, usually decades away, by which the institution’s emissions will not necessarily actually reduce to zero, but rather by which they will at least be ostensibly canceled out by carbonoffsets. This article originally appeared in Grist.
Editor’s note : This is the second of two articles published concerning greenwashing, both historically and at present. This week’s article examines some alternatives and strategies for avoiding the practice. The first article can be seen here. What are the Alternatives to Greenwashing?
In this article, we'll summarize each new law as well as outline the likely impact on businesses. This transparent and robust claim mitigates the risk of greenwashing or greenhushing, in conjunction with the “Funding Climate Action" label. They require the disclosure of climate-related information by most public companies in the U.S.
Matthew Shankland, Head of Sidley Austin’s London-based Disputes Resolution Practice, outlines how i nvestor s can mitigate against the increased risk of greenwashing-related issues in company advertising. Under English law, there is no specific cause of action for, or law governing, greenwashing.
In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. In 2022, the voice against “greenwashing” practices was clear and loud. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends.
In this article, I’ll summarise key sustainability events defining 2021 and then present four sustainable ESG trends that will settle companies’ environment in 2022. Besides, companies will have to limit the carbonoffsetting to a max of 10% of the firm’s emissions. 2 – CarbonOffset Markets price Hike.
In this article, you will learn what net-zero companies are, why embark in such endeavour and how to make your net-zero targets credible. The cause for climate change is due to human activities (read my article about Milankovitch Earth’s Cycles ). Therefore, companies have increasingly focused on reducing carbon emissions.
Dr Torsten Schwarze, Partner at Morgan Lewis, explains how two EU directives will shape Europe’s legal framework to restrict greenwashing. ESG compliance is becoming increasingly important for companies, and the development of technologies and products to help reduce their carbon footprint has become a priority for many.
Despite their growing popularity as a way for businesses and other carbon emitters to offset their own emissions by buying credits from other entities that reduce or remove carbon from the atmosphere, recent research has called their effectiveness into question.
As an example of good practice, Turner cited the CarbonOffsetting and Reduction Scheme for International Aviation (CORSIA). “It Major corporate buyers stepped back from purchasing carbon credits as accusations of greenwashing grew. SBTi was approached for comment on this article.
What a company considers "agroforestry" also can be squishy, she points out — a situation that makes her and other climate advocates worry about companies using the term to "greenwash," or essentially pretend to be environmentally friendly without making substantive change. Sponsored Article. What is agroforestry?" Food & Agriculture.
As such, net-zero could soon be in the crosshairs of activists eager to point out corporate greenwash. In September, the Science Based Targets initiative unveiled plans to develop a global standard for corporate net-zero goals, including the role of carbonoffsets, a practice whose massive expansion is itself problematic and controversial.
And there are wider issues around the VCMs already in operation, such as credit pricing, third-party verification and reducing the risk of greenwashing. . While the ETA will offer a “fixed price” for corporates, there are concerns that too low a price could reduce the quality of the credits and expose the market to greenwashing risk. .
Carbonoffsets are ‘riddled with fraud.’ Solving credibility issues may require a greater overhaul of carbon markets. Carbon insetting Business-speak for companies reducing emissions in their own supply chains; an alternative to carbonoffsetting. This article originally appeared in Grist at [link].
Getting to net-zero – without greenwashing. The last climate conference, COP26 in Glasgow, Scotland, nearly fell apart over frustration that international finance wasn’t flowing to developing countries and that corporations and financial institutions were greenwashing – making claims they couldn’t back up. Read the original article.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content