Envirotec Magazine

JUNE 13, 2024

While almost a third of those questioned (33%) believed carbon offsetting is a viable strategy for achieving net-zero emissions, just 37% have employed it as a strategy to reduce their businesses’ environmental impact. The full report and survey findings can be downloaded here.

Carbon Offsets 59

Carbon Offsets Net Zero Greenwashing Climate Change 59

B the Change

FEBRUARY 4, 2023

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.

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Greenwashing Carbon Offsets Net Zero Academics 116

Corporate Knights

OCTOBER 19, 2023

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.

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Greenwashing Waste Supply Chains Supply Chain 265

3BL Media

FEBRUARY 11, 2022

Companies are facing increased investigations into their strategies, plans, and commitments to reduce their GHG emissions – not just get to net-zero, which can be overly reliant on carbon offsets. Tweet me: Companies Who Communicate Breakthrough When Facing Greenwashing Scrutiny [link] via @porternovelli.

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Greenwashing Net Zero Carbon Offsets COP26 130

Environmental News Bits

FEBRUARY 19, 2024

Clean cookstove projects, one of the most popular types of carbon-offset schemes, are probably overstating their beneficial impact on the climate by an average of 1,000%, according to a new study. Read the full story in The Guardian.

Carbon Offsets 40

Carbon Offsets Greenwashing 40

ESG Today

JUNE 17, 2024

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.

Greenwashing 109

Greenwashing Net Zero Carbon Offsets Climate Change 109

ESG Today

MAY 31, 2023

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.

Greenwashing 120

Greenwashing Net Zero Carbon Offsets Zero Carbon 120

Carlos Sanchez

NOVEMBER 24, 2021

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size. Introduction.

Carbon Offsets 59

Carbon Offsets Net Zero COP26 Climate Change 59

ESG Today

JUNE 21, 2023

The colloquial term for this phenomenon, particularly as it relates to sustainability, is greenwashing, and it’s far from novel. Here’s a quick rundown: Greenwashing is a practice used by businesses to represent themselves as more sustainable than they truly are. Greenhushing refers to a company’s refusal to publicize ESG information.

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Greenwashing Principal Adverse Impact Indicators Carbon Offsets Net Zero 104

Chris Hall

APRIL 28, 2023

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.

Net Zero 52

Net Zero Greenwashing Carbon Offsets Digitalization 52

Corporate Knights

AUGUST 1, 2024

The world’s leading authority on corporate climate plans has dealt a blow to the carbon-offset industry, signalling that it objects to corporations using carbon credits in place of emission reductions in their own supply chains.

Carbon Offsets 188

Carbon Offsets Net Zero Supply Chains Supply Chain 188

Environmental News Bits

NOVEMBER 28, 2023

Today, we understand what “greenwashing” looks like: A company makes a deceptive claim to appear more environmentally friendly and mislead consumers. All … Continue reading Most companies buying carbon credits are not greenwashing Read the full story in Time Magazine. This has been going on for decades.

Greenwashing 40

Greenwashing Carbon Offsets 40

Financial Times: Moral Money

JULY 18, 2022

Plus, carbon offsets and lobbying pose greenwashing risks

Carbon Offsets 98

Carbon Offsets Greenwashing Banking 98

3BL Media

SEPTEMBER 26, 2024

In line with last year’s survey findings, strategies that focus on carbon removal credits are favored by respondents from larger companies, whereas smaller companies are more likely to have strategies that focus on carbon reduction or avoidance credits.

Net Zero 147

Net Zero Carbon Offsets Greenwashing 147

Sense and Sustainability

MARCH 3, 2021

Editor’s note : This is the second of two articles published concerning greenwashing, both historically and at present. What are the Alternatives to Greenwashing? Along with producing coffee, the Roar Gill team is committed not only to carbon neutrality, but to continuous improvement. How to Avoid Greenwashing?

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Greenwashing Carbon Offsets Supply Chains Supply Chain 52

ESG Today

MAY 21, 2023

This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbon offsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)

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Chief Sustainability Officer Carbon Offsets Greenwashing Decarbonize 97

ESG Today

JUNE 9, 2024

This week in ESG news: Deloitte study finds over 70% of companies have abandoned M&A deals over ESG concerns; CDP launches new sustainability reporting platform; EU regulators call for action on greenwashing in financial sector; H&M warns against use of carbon credits in corporate net zero plans; Climeworks unveils carbon removal tech breakthrough; (..)

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Chief Sustainability Officer CDP Greenwashing Carbon Offsets 94

ESG Today

MARCH 12, 2024

Lawmakers in the European Parliament voted 467-65 to approve a series of rules aimed at protecting consumers from greenwashing, or misleading environmental claims by companies, including requiring companies to submit product marketing claims such as “biodegradable” or “less polluting” for verification before being allowed to use them.

Greenwashing 112

Greenwashing Carbon Offsets Development 112

Chris Hall

MARCH 31, 2022

Linking our factual data to tech-enabled tools is a powerful antidote to ESG ratings confusion and concerns about greenwashing.” Carbon credits rating provider Sylvera has added carbon credit pricing from Xpansiv Market CBL , the spot exchange for carbon offsets, to its carbon intelligence platform.

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Greenwashing Net Zero Analytics Carbon Offsets 52

3BL Media

AUGUST 25, 2022

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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Greenwashing Carbon Offsets Climate Change Net Zero 263

Chris Hall

OCTOBER 8, 2024

No country in the region has made reporting against the frameworks mandatory, further increasing greenwashing risk and due diligence costs. A comprehensive taxonomy can mitigate the risk of greenwashing by enforcing stringent requirements and maintaining transparency.”

Carbon Offsets 52

Carbon Offsets Greenwashing Green Bonds Sustainable Investment 52

Chris Hall

OCTOBER 8, 2024

No country in the region has made reporting against the frameworks mandatory, further increasing greenwashing risk and due diligence costs. A comprehensive taxonomy can mitigate the risk of greenwashing by enforcing stringent requirements and maintaining transparency.”

Carbon Offsets 52

Carbon Offsets Greenwashing Green Bonds Sustainable Investment 52

3BL Media

NOVEMBER 27, 2023

This transparent and robust claim mitigates the risk of greenwashing or greenhushing, in conjunction with the “Funding Climate Action" label. We recommend that companies take immediate action above and beyond their science-based targets to contribute to reaching global net-zero through climate action beyond their value chain.

Carbon Offsets 147

Carbon Offsets Net Zero Climate Change Decarbonize 147

ESG Today

FEBRUARY 21, 2024

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.

Carbon Offsets 121

Carbon Offsets Greenwashing 121

ESG Today

JANUARY 30, 2024

Additionally, more than half of respondents reported that they would only invest in traditional energy companies if they have robust plans to reduce emissions, and 60% said that they would be likely to purchase carbon offsets for their investment portfolios, if available. Click here to access the report.

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Sustainable Investment Carbon Offsets Greenwashing Development 119

Corporate Knights

MAY 17, 2023

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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Net Zero Greenwashing Carbon Offsets Banking 300

3BL Media

OCTOBER 13, 2022

DESCRIPTION: Thanks to everything from historic climate policies to being a topic of interest on late night television, the recent focus on carbon offsets — and the Voluntary Carbon Market as a whole — has never been stronger. Cool Effect vets project financials to ensure that it’s clear how all funds are being used.

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UNSDG Carbon Offsets Greenwashing Development 100

Corporate Knights

MARCH 7, 2023

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.

Carbon Offsets 255

Carbon Offsets Net Zero Greenwashing Green Investing 255

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends. Countries and companies have taken responsibility for climate change and raised their carbon emissions reduction ambition. 2022 Sustainability Summary.

Net Zero 52

Net Zero Carbon Offsets Supply Chains Supply Chain 52

ESG Today

DECEMBER 1, 2022

Following the announcement, however, several environmental sustainability-focused groups criticized the Commission’s proposals, claiming that the new rules are too vague and susceptible to greenwashing. The post EU Commission Proposes Carbon Removal Certification Rules appeared first on ESG Today.

Carbon Offsets 100

Carbon Offsets Climate Change Greenwashing 100

ESG Today

MARCH 20, 2024

Fossielvrij campaigner Hiske Arts said: “Today’s judgment is a landmark victory in the fight against greenwashing. KLM’s “green” marketing creates a misplaced trust that even if you are worried about the climate crisis, you can board a plane reassured you are not harming the planet. KLM stopped using the advertising prior to the trial.

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Carbon Offsets Greenwashing 82

ESG Today

APRIL 16, 2024

Additionally, carbon offsetting markets faces a series of challenges, however, with participants often unable to differentiate between high and low quality projects with insufficient or inconsistent data to assess the effectiveness of projects.

Net Zero 102

Net Zero Carbon Offsets Supply Chains Supply Chain 102

Eco Coach

APRIL 21, 2020

For those businesses, one of the steps to consider is calculating their carbon footprint. Once the footprint is determined, they can take actions to reduce their emissions, and between reductions and carbon offsets, become carbon neutral. Any remaining emissions can be addressed by purchasing carbon offsets.

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Carbon Offsets Climate Change Greenwashing Development 52

Envirotec Magazine

SEPTEMBER 1, 2022

There are no risk-free options, especially in such a maturing sector where our understanding of carbon offsetting and reduction is constantly evolving. You need consultants or brokers to help you buy ‘the right’ offsets. Buying carbon offsets is a challenging and alienating experience.

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Carbon Offsets Net Zero COP26 Climate Change 98

Envirotec Magazine

OCTOBER 25, 2023

The outputs will inform the feasibility of carbon offsetting opportunities (in which buyers can invest in projects that reduce carbon emissions to offset their own) here in the Falklands. This is critical to ensure robust deliveries and avoid ‘greenwashing’ projects.”

Carbon Offsets 59

Carbon Offsets Greenwashing Development 59

Environmental News Bits

NOVEMBER 22, 2023

Lawmakers in the European Parliament voted 448-65 to set up a certification system for the quantification, monitoring and verification of carbon removals, aimed at increasing their use, while building trust with high quality carbon removals, and countering greenwashing.

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Greenwashing Carbon Offsets 40

Sphera

DECEMBER 15, 2022

Amid high-profile greenwashing scandals, access to reliable sustainability information emerges as the second biggest barrier to sustainable consumer behavior, with just one in ten consumers finding it very easy to access reliable sustainability information. However, 44% say they would “probably” pay a premium for green products. .

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Net Zero Carbon Offsets Climate Change Greenwashing 52