B the Change

FEBRUARY 4, 2023

That means avoiding “greenwashing,” or false communications about environmental action. Greenwashing is a big problem. You’ve probably heard of greenwashing. We define greenwashing and explain why it hurts your company. What Is Greenwashing? Greenwashing can be either intentional or unintentional.

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Greenwashing Carbon Offsets Net Zero Academics 116

ESG Today

FEBRUARY 14, 2023

For the report, the organizations examined the emissions reductions pledges and plans of 24 global companies across eight high-emitting sectors, selected as the largest three companies in each of the sectors associated with the UN-backed Race to Zero campaign. Click here to access the 2023 Corporate Climate Responsibility Monitor.

Net Zero 111

Net Zero Supply Chains Supply Chain Greenwashing 111

Corporate Knights

AUGUST 13, 2024

Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supply chain.

Divestment 340

Divestment Sustainable Investment Supply Chains Supply Chain 340

ESG Today

MARCH 6, 2024

subsidiary of Brazil-based protein giant JBS Foods, the largest global producer of beef and poultry, alleging that the company has made a series of misleading statements about its environmental impact, including its claim that it will achieve net zero greenhouse gas emissions by 2040. It’s possible.” “We

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Greenwashing Net Zero Supply Chains Supply Chain 105

ESG Today

APRIL 16, 2024

The organizations’ key functions include defining and promoting best practice in emissions reductions and net-zero targets in line with climate science, providing technical assistance to companies who set science-based targets, and providing companies with independent assessment and validation of their emissions reduction targets.

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Net Zero Carbon Offsets Supply Chains Supply Chain 111

ESG Today

MAY 8, 2024

The investigation follows environmental sustainability-focused non-profit Stand.earth in February focused on claims made by the company regarding the green attributes of its products, operations, goals and supply chain, and Be Planet the environmental pillar of lululemon’s sustainability strategy.

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Greenwashing Supply Chains Supply Chain Net Zero 124

ESG Today

JUNE 23, 2024

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Purchases Carbon Credits Helping U.S.

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Chief Sustainability Officer Supply Chains Supply Chain Greenwashing 110

3BL Media

AUGUST 25, 2022

Forbes reports that at least one-fifth of the world’s largest companies have committed to meeting net-zero targets in the pursuit of a low-carbon economy. An audit will reveal gaps and opportunities, which may lead to recommendations for new investments, supply chain shifts, searches for different vendors and more.

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Greenwashing Carbon Offsets Climate Change Net Zero 263

Corporate Knights

JANUARY 8, 2025

Tim Nash, founder, Good Investing Morningstar says that after three years of high growth, managers are being more selective and tactical in their approach ahead of anti-greenwashing regulations in the United Kingdom and Europe. 83% 2024-07-31 100 Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF (DRMD) 94.9%

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Greenwashing Climate Change Net Zero Financial Planner 295

ESG Today

MAY 12, 2024

This week in ESG news: Microsoft signs record-breaking carbon removal deal; EY survey finds over half of CEOs say sustainability a higher priority vs one year ago; BCG sustainable aviation deal to cut 100,000 tons of emissions; ERM launches carbon credit consulting business; KKR & HASI launch $2 billion sustainable infrastructure investment partnership; (..)

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Net Zero Supply Chains Supply Chain Greenwashing 116

ESG Today

NOVEMBER 13, 2023

Additionally, 84% of executives reported incorporating ESG and climate factors in their corporate planning and M&A strategies, and while 57% said that they expect to hit their net zero targets, only 33% expect their peers to do so.

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Greenwashing Net Zero Supply Chains Supply Chain 122

Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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Net Zero Paris Agreement UNEP Development 84

James Militzer

SEPTEMBER 4, 2024

These claims are a result of the increasing pressure on companies from regulators, customers, investors, employees and trade unions to provide a greater degree of environmental accountability — that’s the reason you see “Made in a Net Zero Factory” printed on your cosmetics, for example.

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Greenwashing Supply Chains Supply Chain Manufacturing 72

Chris Hall

JANUARY 10, 2025

The answers to these questions will be shaped by the regulatory requirements faced by investors, including their fiduciary duties, their disclosure requirements, and the need to avoid greenwashing.

Net Zero 59

Net Zero Greenwashing Supply Chains Supply Chain 59

Chris Hall

APRIL 7, 2022

Will Jenkins, Director at Carbon Intelligence , which helps corporates identify, manage and mitigate carbon emissions across their operations, says the IPCC has once again laid bare the importance of achieving net zero. However, “existing legal and regulatory frameworks remain in the way” of achieving some net zero ambitions, he adds.

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Net Zero Supply Chains Supply Chain Paris Agreement 52

Corporate Knights

JANUARY 17, 2023

If airlines are to meet their net-zero commitments by 2050 – a goal set in 2021 by the industry’s trade association, the International Air Transport Association – they will have to find a substitute for fossil fuels fairly quickly. The company did not specifically deny that deforestation had occurred in its supply chain.

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Supply Chains Supply Chain Decarbonize Net Zero 259

Chris Hall

NOVEMBER 9, 2022

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

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Net Zero Banking Paris Agreement Climate Change 52

Chris Hall

NOVEMBER 18, 2022

When Coca Cola – the world’s biggest plastic polluter , was announced as one of the sponsors for COP27 this year – the world’s largest climate change conference, it sparked a wave of greenwashing accusations. But it’s not something that we can do on our own – we need all of the players in the supply chain on board.

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Net Zero Waste Supply Chains Supply Chain 52

ESG Today

FEBRUARY 12, 2023

This week in ESG news: Shell’s board of directors sued over climate strategy; UK regulator to test asset managers for greenwashing claims; Nordea ties top exec compensation to ESG goals; CDP says only 1 in 200 companies have credible climate plans; KPMG & Workiva partner on ESG reporting solutions; Aviva Investors to require climate transition (..)

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Net Zero CDP Greenwashing Green Bonds 98

Envirotec Magazine

SEPTEMBER 26, 2022

Most large company carbon emissions come from their supply chains and the SMEs in them. Supply chain emissions are on average 11 times higher than those produced by a corporation’s own direct activity, according to CDP.

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Supply Chains Supply Chain Paris Agreement Net Zero 98

GreenBiz

SEPTEMBER 25, 2020

bank to commit to net-zero emissions generated from its financing activities by 2050. . In a separate announcement, Walmart joined forces with Schneider Electric to "educate Walmart suppliers about renewable energy" and accelerate deployment with the aim of removing a gigaton of carbon from its supply chain (aka Scope 3 emissions). .

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Climate Change Paris Agreement Net Zero Supply Chains 239

We Mean Business Coalition

NOVEMBER 11, 2022

Join thousands of companies seizing the opportunities of climate action for a net zero, 1.5°C-aligned To ensure we halve global emissions by 2030, companies need to set science-based targets , following the Net Zero Corporate Standard , including five to ten-year targets for deep, rapid emissions cuts across their value chains.

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ESG Today

FEBRUARY 26, 2023

This week in ESG news: BNP Paribas faces first-ever commercial bank climate lawsuit; HSBC unveils new financed emissions goals; Republicans urge Congress to block ESG investing rule; Allianz to vote against companies who don’t tie pay to ESG goals; United Airlines launches venture fund for sustainable aviation fuel startups; India proposes ESG investing (..)

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Chief Sustainability Officer Greenwashing Digital Transformation Net Zero 111

Carlos Sanchez

NOVEMBER 24, 2021

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

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Carbon Offsets Net Zero COP26 Climate Change 59

3BL Media

AUGUST 19, 2022

Net zero emissions: How can your company work toward a carbon neutral status? Sustainable and responsible sourcing: Supply chain diversity has been readily adopted by companies in recent years, but what about carbon, water, waste, and other elements of ESG that companies still need to tackle with their suppliers?

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Greenwashing Supply Chains Supply Chain Development 130

ESG Today

JANUARY 10, 2023

Companies in these sectors may face increasing costs of capital as investors and financial institutions begin implementing their own net zero commitments, as well as demand pressures as companies begin scrutinizing their supply chains as efforts to address Scope 3 emissions ramp up.

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ESG Today

NOVEMBER 23, 2023

billion) in green industries aimed at accelerating manufacturing in key net zero sectors, in addition to a new series of significant reforms designed to rapidly boost the capacity of its electricity grid to address energy transition needs over the coming decades. The UK government announced plans to invest £960 million (USD$1.2

Paris Agreement 111

Paris Agreement Sustainable Investment Net Zero Supply Chains 111

Chris Hall

FEBRUARY 4, 2022

McMurdo anticipates more such rebellions this year, which he says reflects the pervasive greenwashing evident in net zero plans. LAPFF focused on changes to executive pay and discussed Persimmon’s commitment to ensure that all new homes are net-zero by 2030. That is why governance is so important.

Net Zero 98

Net Zero Divestment Supply Chains Supply Chain 98

James Militzer

MARCH 2, 2023

To achieve the Agreement’s goal of net-zero emissions globally by 2050 , we must significantly boost energy efficiency and greatly accelerate the global transition away from fossil fuels, and toward new fuels such as green hydrogen and renewables such as wind, solar and thermal. housing market typically works.

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Supply Chains Supply Chain Climate Change Development 98

3BL Media

APRIL 25, 2022

But in the worst-case scenario, it can easily become a vehicle for greenwashing—a marketing push fueled by vague commitments that won’t be mentioned again until next year’s Earth Day. While greenwashing is still far too prevalent, many companies are being recognized [3] for their substantive sustainability efforts.

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Climate Change Greenwashing Net Zero Supply Chains 130

GreenBiz

MAY 14, 2021

Net zero is transforming clean energy procurement. Net zero" is eating all other corporate climate language. . Corporations are all about net-zero goals. . Clean electricity is net-zero 101. That will require navigating land use issues, supply chain pinch points and labor considerations.

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Net Zero Decarbonize Climate Change Supply Chains 408

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Examples are the Swiss art 964 and the German supply chain act. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends. Sustainability trends 2023: Net-Zero roadmaps. Thank you GRI!

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Net Zero Carbon Offsets Supply Chains Supply Chain 52

3BL Media

APRIL 20, 2022

That action is increasingly associated with elements of ESG, sustainability and reporting frameworks to benchmark progress against lofty goals toward a net-zero future. If they can’t communicate their sustainability initiatives along with the data to support it they will run the risk of being seen as greenwashing.

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Supply Chains Supply Chain Greenwashing Development 130

We Mean Business Coalition

SEPTEMBER 13, 2022

Yet scrutiny of potential greenwashing and whether net-zero commitments are translating into action is also at an all-time high. When it comes to the first ‘A’ – Ambition , climate leaders set the bar high with net-zero 1.5°C-aligned C-aligned targets, including near-term targets for deep, rapid emissions cuts.

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Net Zero Paris Agreement Supply Chains Supply Chain 52

Chris Hall

MARCH 10, 2023

The metrics are there to create a true culture of sustainability within the companies that use them, so if you are trying to determine which companies are ‘true green’ while others may be greenwashing, ask whether the metrics they follow are driven by that culture of sustainability.

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Supply Chains Supply Chain Climate Change Development 98

Envirotec Magazine

NOVEMBER 17, 2023

Against a backdrop of inflation, supply chain issues and a rising cost-of-living, UK leaders are steadfast in their environmental commitments as they view sustainability action as a means to offset economic uncertainty.

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Supply Chains Supply Chain Chief Sustainability Officer Net Zero 69

Sustainability Matters

AUGUST 16, 2023

In our Net Zero Readiness report released this year, which surveyed Australian businesses, it was revealed that 85% of Australian companies mentioned a lack of internal talent/decarbonisation specialists was a major barrier to decarbonisation initiatives. However, while it’s difficult it’s also necessary, and certainly achievable.

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