News about greenwashing on 2021-07-14

Double - counting doubts cloud Santos CCS project
Environment Secretary Jose Manuel Santos has rejected suggestions that the creator of a carbon offset (ACUU) could be paid for emissions reductions by selling it to third parties.The former chief executive of Santos says it would not accept double counting.
Source: afr.com
Published on 2021-07-14

The airport is the airport , but the planet is more important
Bristol’s mayor Marvin Rees says the airport is a threat to our everyday lives. But how do people use it when they need, but otherwise how does it impact our lives? The BBC's Lucy Fitzgibbon explains.
Source: bristol247.com
Published on 2021-07-14

( OTLY ) - Short Seller Accuses Oat Milk Producer Oatly Of Falsifying Revenue , Greenwashing
This is a full transcript of the latest report on the Oatly Group, which has been accused of falsifying its revenue and margins alongside greenwashing investors. Here's what happened, and what went wrong with it?
Source: benzinga.com
Published on 2021-07-14

CFA Institute draft ESG standards could facilitate greenwashing , IFIC says
The Chartered Investment Fund (CFA) has submitted a consultation paper to the Financial Advisors and Retail Consortium (IF) to introduce new standards for environmental protection (Environmental Environmental Governance) products, which could be published in April.
Source: advisor.ca
Published on 2021-07-14

Climate change litigation accelerating as impact of cases rises
The number of climate change cases filed worldwide has risen by more than a third in the past six years, according to researchers at the London School for Economics (LSE) and the University of London. However, the numbers are growing.
Source: pinsentmasons.com
Published on 2021-07-14

ESG bond sales sprint to $1trn as investors force change
Citi Capital’s chief executive Christine Cela says corporate investment-grade bonds (SLB) could raise borrowing costs if borrowers fail to reach their portfolios.Mr Brown, co-founder of sustainability-linked debt capital market origination business, has said.
Source: afr.com
Published on 2021-07-14

Net Zero : How major polluters greenwash their rol ...
You’re being asked to cover our noses and mouths because scientists and Elon Musk will develop technologies to suck all those floating virus particles right out of the air in a few years. But what is the essence of climate change?
Source: dailymaverick.co.za
Published on 2021-07-14

Oatly Accused of Overstating Revenue and Greenwashing by Activist Short Spruce Point
Shares in Oatly, the maker of oat milk, have hit a all-time high in the US public market, amid claims that it has failed to balance its revenue and margins between investors and consumers, US media report.
Source: nbcphiladelphia.com
Published on 2021-07-14

SK Innovation Wants To Rebrand From Carbon To Green
A South Korean company has announced plans to change its corporate identity to a “green energy & materials company” and become the world’s first green energy company to be built in the country. Why is it so controversial and how does it work?
Source: cleantechnica.com
Published on 2021-07-14

Spruce Point
Oat Milk is being sold at auction in New York for a fraction of the amount of money it owes to the UK's biggest milk producers and their neighbours, according to reports from the Royal Society of Food and Drug Administration.
Source: benzinga.com
Published on 2021-07-14

Spruce Point vs Oatly : Is The Brand Misleading Investors ?
A leading accounting firm has called for an independent forensic accountant to investigate claims that the walls of a vegan milk maker are collapsing on its ambitions to dominate the world’s oat milk market, it has emerged.
Source: ibtimes.com.au
Published on 2021-07-14

Square Your Circle : How to Assess the Environmental Impact of Reuse Business Models in Apparel
A guidebook has been published to help companies calculate the environmental impact of reuse clothing using their business models. These calculations could be used to reduce the impact a business model makes on the environment and businesses' ability to make savings.
Source: wri.org
Published on 2021-07-14

Sustainable business
The 2021Financing for Sustainable Development Report has revealed that the current business model is not changing fast enough to achieve our global environmental challenges. But what is the impact of climate change on the world's economy and how is it being changed?
Source: thenews.com.pk
Published on 2021-07-14

Threat Of Greenwash On The Rise As Sustainability Reaches Crucial Tipping Point , Finds Annual Trends Report From Generation Investment Management
A look at the key points in the global state of sustainability, released by a leading investment management firm, on Friday July 14. 2021 - Climate change, greenwash, and climate change: environmental changes and the threat to the success of the economic transition.
Source: prnewswire.com
Published on 2021-07-14

U . S . regulators seen developing green taxonomy to provide guidance to financial firms
Financial regulators in the United States are being given a joint strategy to manage their climate risk exposures, according to reports from the New York Times. But what does this mean for financial firms and the economy? The BBC's Henry Engler explains.
Source: reuters.com
Published on 2021-07-14