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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.

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The Wild West of plastic credits and offsets

GreenBiz

Thanks to the rise in plastics pledges, an emerging and undefined market for plastic offsets is just beginning to take shape. And, much like the market for carbon offsets, it’s messy. . In the same way that a company’s carbon credit may offset its U.S. The potential for greenwashing is high.

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Aviation is plotting a sustainable course

GreenBiz

body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline. The pandemic led ICAO to scale back the program, CORSIA (for Carbon Offsetting and Reduction Scheme for International Aviation), to make it easier for airlines to comply. It’s not just passenger carriers.

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United Airlines Launches $100 Million Sustainable Aviation Fuel Venture Fund

ESG Today

SAF is generally produced from sustainable resources, like waste oils and agricultural residues. United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. It’s not about offsets or things that are just greenwashing. This fund is unique.

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Is the burgeoning 'plastic credits' market a new wave of greenwashing?

Corporate Knights

With plastic production rising exponentially, from 2 million metric tons in 1950 to more than 400 million metric tons in 2020 , and expected to double by 2040, it’s clear that plastic waste is increasing exponentially too, and credits by themselves can’t possibly keep up with the surge.

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Mythbusting sustainable business practices

Envirotec Magazine

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. People always want choice.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.