Remove Carbon Offsets Remove Development Remove Greenwashing
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Is Carbon Offsetting Worth It?

3BL Media

DESCRIPTION: Significant price spikes in the energy attribute certificate (EAC) and carbon offset markets have many companies are wondering whether environmental commodities are the right way to reach their goals, asking: is carbon offsetting worth it? Is carbon offsetting worth it?

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Is the burgeoning 'plastic credits' market a new wave of greenwashing?

Corporate Knights

Pay someone to clean up a ton of plastic fouling the environment in a developing nation and get certified to create another ton. 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.

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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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EU Council Agrees on New Rules to Tackle Greenwashing in Product Green Claims

ESG Today

The European Council today announced today that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services.

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What Are the Business Risks Associated With Transitioning to a Low-Carbon Economy?

3BL Media

Lack of visibility and perceptions of “greenwashing”. Another risk associated with the transition to a low-carbon economy is that your efforts will be seen as insufficient, or overblown. “One of the lessons of economic history,” the authors assert, “is that successful incumbents can be swept away as a new era emerges.

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Green taxonomy proposal may overcome Canada's climate finance impasse

Corporate Knights

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition.

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Net Zero Claims in UK Advertising and the Risk of Greenwashing

Chris Hall

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.