News about greenwashing on 2022-02-23

Otter greenwash : ASA bans Innocent Drinks ad for over - claiming eco credentials
Environmental protection campaigns have been launched in a bid to protect the environment from the environmental impact of the Covid-19 pandemic in the UK and beyond, according to the Environment Agency's latest findings. Why? Welcome to Innocent products.
Source: campaignlive.co.uk
Published on 2022-02-23

The tide is turning as more British cultural institutions cut ties with BP
Scottish Ballet has said it is "grateful" for BP's long-term support, after it announced it had ended its partnership with the oil and gas giant, BP, in a move which has been criticised by climate change activists.
Source: euronews.com
Published on 2022-02-23

2022 Predictions for Litigation , Investigations , and Enforcement Actions Affecting the Automotive Industry | Morrison & Foerster LLP
The future of the automotive industry could be a very different year than previously thought, according to Morrison & Foerster’s Automotive Task Force. These are some of those advising us on how to navigate this year. Here are their predictions.
Source: jdsupra.com
Published on 2022-02-23

B . C . budget : Province bracing for climate - related emergencies
Canada's largest province has announced a major funding package to tackle climate change, amid criticism from environmental activists and politicians. However, the government is spending more than half as much on tackling the root causes.
Source: bc.ctvnews.ca
Published on 2022-02-23

Banks Have Spent $1 . 5 Trillion On Coal Since 2019
Climate change is a wicked dilemma, but there is no easy or painless way to get there. We all know what is needed in the long run, and there’s no solution to it. The BBC's Haley Zaremba looks at the challenges.
Source: zerohedge.com
Published on 2022-02-23

Chevron Targets 5 U . S . Well Sites in Project to Curb Emissions
Energy giant Chevron is looking to show it can produce gas with low resulting emissions of methane.The push for gas deemed responsibly sourced based on its environmental credentials has been met withскеticism by the energy industry's push into greenhouse gas.
Source: bnnbloomberg.ca
Published on 2022-02-23

Commentary : Due diligence law leaves affected people in the lurch - Business & Human Rights Resource Centre
The European Union has announced a new law to ensure corporations with over 500 employees have met their obligations to prevent and mitigate climate damage. But what does it mean for those who have failed to protect themselves from harm?
Source: business-humanrights.org
Published on 2022-02-23

Corporate sustainability push a $35 trillion dollar conundrum for auditors | Hellenic Shipping News Worldwide
Financial services firms are facing a growing risk of misrepresenting the benefits of their environmental policies, auditors have warned, as investors try to ensure they aren’t exaggerating the impact of green funds on the environment.
Source: hellenicshippingnews.com
Published on 2022-02-23

DWS Fund Plans Its First Green Bond as ESG Probe Proceeds
Financial Times reports that investors are planning their first green bond in the face of ongoing investigations into alleged environmental damage (Environmental Governance - Environmental Crime) claims, according to a spokesperson at ABN Amro Bank.
Source: bnnbloomberg.ca
Published on 2022-02-23

Energy Firms Are Going Green by Offloading Dirty Coal Plants
Europe’s ongoing shortage of natural gas has contributed to the collapse of coal plants, according to researchers. But what does this mean for renewable energy, asks Tom de Castella, the BBC's weekly The Boss series .
Source: wired.com
Published on 2022-02-23

Future trends in green financing
South Africa’s sustainability-linked finance sector is expected to become a major contributor to the coronavirus pandemic, writes the BBC's Africa Business editor, Nicholas Lowery, on the issue of green bonds and environmental finances. Environmental, Social and Governance
Source: polity.org.za
Published on 2022-02-23

Germany wants exporters to check on human rights , environment
The German embassy in Bangladesh has issued a warning to the country's exporters to ensure they do not violate environmental rules within their global supply chains, amid growing concerns about greenwashing by clothes manufacturers.
Source: tbsnews.net
Published on 2022-02-23

How to progress in sustainable and ESG investing
More than a third of the UK's sustainability panellists have revealed their experiences in the sector, including how they are getting to work in financial markets and why the industry needs to be able to adjust to the pandemic.
Source: investmentweek.co.uk
Published on 2022-02-23

Investment funds : single market benefits unrealised , say EU auditors EUbusiness . com
The European Union's investment funds market is still not fully supervised consistently across all member States, according to a report from the European Court of Auditors (EU) advising investors on the risks of cross-border financial activity.
Source: eubusiness.com
Published on 2022-02-23

Investors seek greater scrutiny on corporate sustainability assets worth $35 trillion
Environmental firms are facing a growing risk of misrepresenting the benefits of their activities, auditors have warned, as investors try to ensure they aren’t exaggerating or misleading the public’s views on environmental policies.
Source: japantimes.co.jp
Published on 2022-02-23

Issues of the Environment : A shifting energy future in Ann Arbor and beyond
Michigan’s A2 Zero scheme aims to make the city entirely owned and operated by the local government or another state body. Here is a look at the challenges facing communities in the US city of Ann Arbor, which calls it the “A2zero”.
Source: wemu.org
Published on 2022-02-23

Pela iPhone case review : Protect your iPhone and the environment
If you're looking at a phone case that claims to be environmentally-friendly, you might have noticed that it's actually made from plastic or silicone. But what does this mean for your favourite iPhone? Christine Romero-Chan, founder of Pela, has been asked to find out.
Source: imore.com
Published on 2022-02-23

Pressure builds on the watch industry over green claims
The mining industry in Africa is celebrating its first anniversary with a huge gathering of investors and government representatives across the continent, including the Ministry of Lands and Mining, and the National Asset Management Agency (NNPC) in South Africa.
Source: rough-polished.com
Published on 2022-02-23

So What the Heck Is Net Zero , Anyway ?
The oil giant ExxonMobil has announced a plan to cut carbon emissions by 2050. But what does it mean for climate change? The BBC’s Chris Stokel-Walker looks at the latest steps to tackle the global warming crisis.
Source: sierraclub.org
Published on 2022-02-23