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At $14, such a tracker could easily become part of the insurance offered by logistics companies for B2B shipments, and even consumer shipping. Rand McNally is also a customer, using the tracker almost as a canary in a coal mine to understand where disruptions in its logistics business might arise.
Last year, Amazon Air, logistics arm of the online retailer, said it plans to buy 6 million gallons of SAF via a division of Shell and produced by World Energy. . But offsetting is seen as transitional — and controversial: Some critics view it as greenwash. Neste is working with Lufthansa, Finnair and KLM on sustainable fuel programs.
While biodegradable plastics currently exist, they rely on commercial composting, which uses energy to heat the compost, as well as presenting other logistical challenges. Such bioplastics have effectively been ‘greenwashed’, he said, and mis-sold to environmentally responsible consumers and companies.
C, the European Commission wanted to ensure that companies currently engaged in greenwashing are discouraged, and those making real positive environmental impact are properly credited (this effort is built upon by another recent EU legislative proposal to prevent greenwashing in regard to physical product sustainability).
. “Furthermore, even as organisations ramp up sustainability initiatives, consumers are more skeptical than ever about corporate sustainability, as more than half believe that organisations are greenwashing their sustainability initiatives, up from 33% in 2023.”
The rise in expectations from impact data Rarely does a month go by without an organisation being accused of greenwashing, purplewashing, bluewashing or rainbow washing. And we must act intentionally, because alongside the positive trends, there are some threats as well.
Large commercial logistics tenants will also be heavily investing in EVCPs. Due to fuel crises, logistics firms and fleet operators are likely to accelerate their depot electrification to become more cost effective and sustainable. degrees Celsius above pre-industrial levels.
A new guide from the We Mean Business Coalition, “ The 4 As of Climate Leadership ” defines, in terms of ambition, action, advocacy and accountability, what companies must do to deliver on net-zero commitments and avoid accusations of greenwashing. Ambition: Has the company set the right decarbonization targets? Collaboration is key.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon, Google, Microsoft, Nucor Pioneer New Clean Energy Investment, Risk Sharing Models with Duke Energy Brookfield In Talks to Acquire Clean Energy Developer Neoen for $6.6
billion in carbon removal; EU bank regulator unveils sustainable finance plans; ISSB to add biodiversity to climate disclosure requirements; Microsoft hires new Chief Sustainability Officer; McDonald’s purchases renewable energy for 100% of US logistics electricity needs; ECB to step up climate risk action at banks, and more.
Green light for greenwashing – The US Inflation Reduction Act is widely seen as giving the green light to green investments, due to the incentives it provides for allocating capital to renewable energy projects and technologies, but will it also fuel greenwashing? Not if the SEC has its way.
Only by moving from averages to actuals audited at reasonable assurance can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet. SAP Green Ledger delivers precisely that.
Several asset managers expressed optimism that the anti-ESG movement would compel the industry to clarify investment practices and reduce “ greenwashing ,” where funds are marketed as ESG-friendly without substantive backing.
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