What to know about Europe's new anti-greenwashing laws
GreenBiz
DECEMBER 13, 2022
Supply chain transparency is crucial to building consumer trust in the face of greenwashing.
Beyond wars and pandemics, the climate crisis is the greatest risk to food supply chains
Corporate Knights
MARCH 28, 2022
This disruption, like that from the pandemic, highlights some of the risks built into our highly efficient, trade-dependent food supply chain. Sustainable supply chain standards and guidance for food and agriculture companies are currently evolving, meaning that the plane is being built as it flies.
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New tracking tool helps companies prove their supply chains aren’t harming biodiversity
Corporate Knights
NOVEMBER 17, 2023
A new platform allows companies and landowners to monitor the ecosystems in their supply chains, as governments around the world increasingly consider regulations that require businesses to account for biodiversity. I think it’s the opposite of greenwashing — it’s adding integrity to the processes, and that’s what we all want.
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Are you greenwashing, wishing or walking?
GreenBiz
JULY 15, 2021
Are you greenwashing, wishing or walking? Some boards approve, some feel comfortable doing so and are hoping for the best; others are afraid to be called out on greenwashing but approve them anyway, because "everyone else" are setting goals. Supply chains are, and will likely be, more disrupted "than normal." Pull Quote.
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Guest Post – Supply Chain ESG: The Marathon Has Already Started
ESG Today
MAY 23, 2023
The demand for sustainable and transparent supply chains is at an all-time high, but multiple recent studies have shown that nearly three-quarters of manufacturers rate themselves as being at the beginning or foundational stages of supply chain sustainability program maturity. The market is cracking down on greenwashing.
India Proposes Supply Chain ESG Disclosure, ESG Investing Rules
ESG Today
FEBRUARY 21, 2023
Noting that investors and other stakeholders will be increasingly relying on these reports, SEBI’s consultation paper said that “assurance becomes key for enhancing credibility of disclosure and investor confidence,” and that more transparency is required in the supply chains of reporting companies.
CSDDD Exposes Fashion Supply Chains to Compliance Risks
Chris Hall
JUNE 19, 2023
Landmark due diligence directive marks an “increasingly aggressive” regulatory approach in assessing textile firms’ supply chain impacts amid green claims clampdown. It also noted a rise in international efforts to crack down on disingenuous ‘green credentials’.
CSDDD Exposes Fashion Industry Supply Chains to Compliance Risks
Chris Hall
JUNE 19, 2023
The EU’s landmark sustainability due diligence directive marks an “increasingly aggressive” regulatory approach in assessing textile firms’ supply chain impacts amid green claims clampdown. It also noted a rise in international efforts to crack down on disingenuous ‘green credentials’.
Guest Post: ESG Risks in the Supply Chain and Identifying Weaknesses
ESG Today
JUNE 27, 2022
Without ‘one true view’ of ESG risk, your business is less likely to be able to connect remote workers, supply chains and your day-to-day operations which help to identify weaknesses or make improvements. When it comes to the integrity of your ESG programme and achieving your objectives, access to data is a key priority.
Over Half of Companies Potentially Greenwashing Says Australia Competition Regulator
ESG Today
MARCH 6, 2023
Australia’s competition regulator the Australian Competition and Consumer Commission (ACCC) said that it will be investigating companies for potential greenwashing, after it conducted a study that found concerning environmental or sustainability-related claims from over half of businesses reviewed.
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A Framework for Companies That Want to Avoid Greenwashing
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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New York Launches Greenwashing Suit Against World’s Largest Beef Producer JBS
ESG Today
MARCH 6, 2024
We will cut our own emissions by 30% in 2030 and eliminate Amazon deforestation from our supply chain within five years.” “JBS JBS USA’s greenwashing exploits the pocketbooks of everyday Americans and the promise of a healthy planet for future generations. Bacon, chicken wings, and steak with net zero emissions.
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ESG Today: Week in Review
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; (..)
Investors, Businesses to Increase ESG Investment Despite Greenwashing Scrutiny & Political Pushback: Bloomberg Survey
ESG Today
NOVEMBER 13, 2023
More than 90% of executives and investors agreed that “AI is a friend of ESG,” with top cited benefits including better data estimation, improved supply chain traceability, and the ability to track controversies.
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How EHS&S Can Partner With Marketing for an Authentic Brand Sustainability Message
3BL Media
DECEMBER 12, 2022
Since the environmental, social, governance (ESG) ratings used in the investment world are contingent on not only your business meeting sustainability requirements but also the sustainability of your supply chain, sustainable marketing can increase your visibility to both investors and those seeking more sustainable supply chain opportunities.
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Greenwashing, From the Eighties till Today (Part 2)
Sense and Sustainability
MARCH 3, 2021
Editor’s note : This is the second of two articles published concerning greenwashing, both historically and at present. What are the Alternatives to Greenwashing? How to Avoid Greenwashing? Groups that validate a company’s sustainability claims can highlight truly effective initiatives while leaving greenwashers behind.
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A look at the secret world where our waste ends up
Corporate Knights
SEPTEMBER 21, 2023
The supply chain that takes apart our stuff is sometimes just as complicated as the ones making them in the first place,” he said. The supply chain that takes apart our stuff is sometimes just as complicated as the ones making them in the first place.
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ESG Today: Week in Review
ESG Today
OCTOBER 1, 2023
Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects
Sustainable Apparel Coalition Joins Global Net Zero Workshop
3BL Media
NOVEMBER 29, 2023
He noted that environmental footprint labels may not be as effective to drive positive change up the supply chain, and referenced a 2020 Compare Ethics study which found that only 20 percent of consumers trust eco labels.
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SEC, Greenwashing, and Keeping Honest and Optimized in the Pursuit of Sustainability Goals
Capaccio Environmental
MAY 3, 2022
Greenwashing” is the act of misleading or falsely claiming that a company’s products or processes are more “environmentally friendly” or “sustainable” than they really are. Some of the common areas that companies will track KPIs are for usage and emissions of water, energy, materials, waste, and supply chains.
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ESG Today: Week in Review
ESG Today
FEBRUARY 25, 2024
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
ESG Today: Week in Review
ESG Today
DECEMBER 17, 2023
This week in ESG news: COP28 ends with first-ever agreement to transition away from fossil fuels; BlackRock identifies the low carbon transition as a 2024 investment “mega force”; BCG signs 15-year deal to capture carbon from atmosphere; EU lawmakers reach landmark deal on law to address human rights & environmental impact in corporate value chains; (..)
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ESG Today: Week in Review
ESG Today
JANUARY 21, 2024
This week in ESG news: EU Parliament approves new anti-greenwashing law; investors urge Shell to set Paris-aligned climate targets; Barclays launches new sustainable banking, energy transition investment banking teams; PwC CEO survey finds companies upskilling workers for climate megatrend; Australia drafts law requiring mandatory climate reporting; (..)
ESG Today: Week in Review
ESG Today
AUGUST 20, 2023
Solar Inverter Market Oxy Acquires DAC Carbon Removal Provider Carbon Engineering for $1.1 Million in bp-led Funding Round Exec Moves KKR Launches New Leadership Team for Global Climate Strategy Nuveen Appoints Ted Maa Managing Director of Private Equity Impact Investing
EcoVadis Named a Leader in ESG Ratings, Data, And Analytics Report
3BL Media
SEPTEMBER 1, 2022
EcoVadis has a long track record helping major manufacturers like Henkel, Husqvarna, and PSA Group drive sustainability in their supply chains, reflected in the breadth of private companies EcoVadis has ESG data for and its many integrations with supply chain software.”. “As
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What Are the Business Risks Associated With Transitioning to a Low-Carbon Economy?
3BL Media
AUGUST 25, 2022
An audit will reveal gaps and opportunities, which may lead to recommendations for new investments, supply chain shifts, searches for different vendors and more. Lack of visibility and perceptions of “greenwashing”. No one should mistake these energy transition commitments as short-term, passing endeavors.
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Cooking the books: The magical math of ‘climate-friendly’ meat
Corporate Knights
APRIL 18, 2024
As NYU’s Hayek points out, the Scope 3 emissions that Maple Leaf doesn’t include are “the largest slice of their supply chain.” Over 90% of most major meat and dairy companies’ emissions – representing Scope 3 third party supply chain emissions – are mostly omitted from their climate goals.”
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AI start-up aims to predict if the world can really avoid a long-term increase in global climate temperature
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.
ESG Today: Week in Review
ESG Today
OCTOBER 30, 2022
Apple to Track Suppliers’ Emissions, Targeting a Decarbonized Supply Chain by 2030. UK Regulator Targets Greenwashing with New Sustainable Investment Labels and Disclosure Rules. Greenwashing Top of Mind for Execs, as War & Inflation Threaten Corporate Climate Progress: Deloitte. Government & Regulators.
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$60m in grants to help boost recycling of hard-to-recycle plastics
Sustainability Matters
JULY 18, 2023
The framework will be designed to help guide businesses in recycled content supply chains to improve traceability of recycled materials. Tracing recycled content is a welcome step that can expose greenwashing, while shining a light on the great work done by Australian recyclers.
How the garment industry has (and hasn’t) changed 10 years after the Rana Plaza disaster
Corporate Knights
APRIL 28, 2023
Are we addressing the fragmented supply chains, culture of subcontracting, unliveable wages, systemic racism, sexism and infrastructural overhaul needed to protect garment workers? The act will mandate supply-chain mapping, impact disclosures and the implementation of science-based climate targets. Yes and no.
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Better data is the key to meeting ESG standards
Sustainability Matters
APRIL 23, 2024
Despite many Australian organisations committing resolutely to new ESG standards, they face hurdles in achieving their objectives due to data challenges within the supply chain, which can inadvertently lead to unintended greenwashing.
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Solving The Unsolved Mystery: How To Tackle ESG Targets, Reporting, And More!
3BL Media
AUGUST 19, 2022
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? What work do you have left to attain a sustainable and responsible supply chain?
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Creating a More Sustainable World With SAP's Focus on Green Customer Experiences
3BL Media
JULY 19, 2022
Connecting demand – supply chain – and delivery is the first step, but evolving a great customer experience takes it a step further and puts sustainability front and center. Many organizations are implementing technology to connect commerce, marketing, sales, and service data in order to create engaging customer experiences (CX).
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Lack of funding top barrier to sustainability action for 38% of UK businesses
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.
Recycling charity expands laboratory analysis and other capabilities
Envirotec Magazine
MARCH 7, 2023
The group says it believes that the use of LCA can assist with informing evidence-based decisions on product development and design, support supply chain and procurement decisions, track performance over time of packaging changes, improve overall environmental outcomes in line with strategy and policy, and challenge misinformation and greenwash.
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Empowering Young Leaders to Solve the World’s Energy Challenges: Insights From Nine Business Case Studies Highlight Paths to a Sustainable Future
James Militzer
MARCH 2, 2023
Most of these cases can be taught within multiple business disciplines such as leadership, strategic management, supply chains and marketing, to name a few — making them useful tools not only for emerging entrepreneurs themselves, but for the educators who are training them. housing market typically works.
Beyond Bamboo is Unlocking Virtual Doors for Eco Conscious Consumers
3BL Media
MAY 3, 2022
The global hub is helping to accelerate the move towards more conscious consumerism by giving consumers confidence when purchasing planet-friendly items without them having to conduct research or face a barrage of greenwashing.
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Defining Purpose: Any Road Will Take You There, If You Don't Know Where (or Why) You're Going
3BL Media
APRIL 29, 2022
Greenwashing : Conveying the impression of sustainability or being environmentally friendly to take advantage of the “halo” effect that such actions bring to a company. Investopedia notes that greenwashing is “considered an unsubstantiated claim to deceive consumers into believing a company’s products are environmentally friendly.”
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The ESG Interview: Closing the Net Zero Reality Gap
Chris Hall
APRIL 7, 2022
Jenkins says companies are central to achieving net zero ambitions, and he would like to see greater collaboration between businesses and across supply chains. . “To We are seeing this collaboration happening at scale because companies are setting science-based targets and demanding that their supply chains do the same.” .
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Kellogg’s supplier controversy in Indonesia shows palm oil is still a problem
Corporate Knights
SEPTEMBER 15, 2023
They will also have a hard time complying with the new European regulation on deforestation , which requires companies selling products in the EU market to conduct due diligence to eliminate deforestation and human rights abuses from their supply chains.
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The integral role of every department in Australia's sustainable business revolution
Sustainability Matters
AUGUST 16, 2023
Procurement teams: guardians of sustainable supply chains Sustainability doesn’t stop at operations; procurement teams are equally pivotal in this transition. They must take into consideration the environmental impact of their suppliers and products, known as scope 3 emissions.
Packaging expert welcomes the CMA Green Claims Code
Envirotec Magazine
OCTOBER 6, 2021
The guideline document, which aims to tackle the ongoing problem of ‘greenwashing’, provides new consumer protections from misleading environmental claims and levels the sustainability playing field for businesses. Of course, when it’s measurable, it can be controlled, monitored, and turned into tangible change.”.
European Legislation to Improve Product Sustainability Labeling
Environment + Energy Leader
MAY 16, 2023
The process aims to combat greenwashing and other misleading claims.
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