A group of Apple Watch buyers have filed a lawsuit in Silicon Valley accusing the tech giant of exaggerating how environmentally friendly production of the smart wristwear is.
The term 'greenwashing' has become widely used in recent years after high-profile accusations against some of the world’s best-known brands, such as Volkswagen, IKEA, Walmart and McDonald’s.
KUALA LUMPUR: In recent years, phrases like "Go Green and save our Mother Earth" and "We use sustainable and recycled plastic materials" have become quite popular and can be found on labels or in advertisements of household products.
KUALA LUMPUR: Greenwashing is becoming a point of concern globally as the investment into environmental, social and governance (ESG) funds has swelled into the trillions, said Securities Commission chairman Datuk Seri Awang Adek Hussin.
LONDON (Reuters) - Firms that check environmental, social and governance claims made by companies will be asked to follow a proposed new ethics code to help combat greenwashing, the chief of a global standards body told Reuters.
Greenwashing is becoming a point of concern globally as the investment into environmental, social and governance (ESG) funds has swelled into the trillions, says Securities Commission (SC) chairman Datuk Seri Awang Adek Hussin.
The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report shows.
Why holidaymakers should follow airline and hotel efforts to save the planet and learn to separate scams from sustainability.
BERLIN, June 27 (Xinhua) -- The German Federal Court of Justice (BGH) ruled against greenwashing in advertising on Thursday, mandating that products marketed as "green" must provide clear, detailed explanations of their climate benefits.
Singapore’s advertising standards watchdog has found an advertisement by local electronics company Prism+ “not acceptable” for its misleading claims about the environmental friendliness of its line of air-conditioners.
PARIS: Can a country well versed in reducing its greenhouse gas emissions “sell” its efforts to a bad actor? Critics fear Article Six of the Paris Agreement will mean an increase in greenwashing.
LONDON: In 2021, a series of HSBC advertisements started appearing on bus stops around Britain. Part of a campaign centred on the slogan “Climate change doesn’t do borders”, the posters paired images of trees and ocean waves with statements about the bank’s efforts to finance the transition to net zero and help plant two million trees.
Few other global corporations have mastered the art of marketing quite as well as Apple. So when this tech giant announces ambitious environmentalist goals, is it just another PR drive? Apple boss Tim Cook says he thinks greenwashing is "reprehensible."
A firm that makes beauty products announced that it was selling its green tea seed serum in “paper bottles” but these turned out to be plastic, with just the external wrapping made of paper.
LONDON: European utilities are pushing to build power plants that would burn natural gas now and then be switched to burn clean hydrogen down the road.
Even though there are brands committed to eco-responsible approaches that hold up to scrutiny, overall, they are less likely to promote them than those who are in the business of greenwashing. This phenomenon is described by the term "greenhushing".
The World Bank has raised US$50mil (RM222mil) through a bond structure it describes as unique and free from greenwashing – a growing concern among investors – and says it is lining up more of these deals for later this year.
COMPANIES have been calculating their carbon footprints since the early 2000s and just over one-in-three of the world’s 2,000 largest public corporations have now set goals to become carbon neutral or emissions-free by mid-century or sooner.
One of Singapore’s best-performing stocks this year – an energy company backed by state investor Temasek Holdings Pte – is under fire for trying to avoid higher interest payments to bondholders that kick in if the company fails to meet emissions targets.