article thumbnail

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.

article thumbnail

Guest Post – Greenwashing, Greenhushing and Greenwishing: Don’t Fall Victim to These ESG Reporting Traps

ESG Today

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ESG Today: Week in Review

ESG Today

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 (..)

article thumbnail

Aviation is plotting a sustainable course

GreenBiz

In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline.

article thumbnail

New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

SB 253: Climate Corporate Data Accountability Act The common phrase in the GHG accounting world “you can't measure what you can't track" underlines the fact that decarbonization action starts with GHG emissions accounting. In this article, we'll summarize each new law as well as outline the likely impact on businesses.

article thumbnail

United Airlines Launches $100 Million Sustainable Aviation Fuel Venture Fund

ESG Today

Sustainable aviation fuel is seen as one of the key tools to help decarbonize the aviation industry, which currently accounts for 2-3% of global greenhouse gas (GHG) emissions. United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. This fund is unique.

article thumbnail

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. If this is the case, they likely won’t qualify for the transition label (and should not proceed in any case).