Day: 13 November 2023

RepRisk data shows increase in greenwashing with one in three greenwashing public companies also linked to social washing

Stuart Mitchell

New research from RepRisk, the world’s largest ESG data science company, shows an increase of greenwashing risk, with one in four climate-related ESG risk incidents globally linked to greenwashing. Greenwashing and social washing are often linked, RepRisk’s data shows that nearly one in three public companies linked to greenwashing are also associated with social washing. “The expectation of competitive advantage derived from an image of sustainability has opened the door to green and social washing. A lack of accountability around a rapidly evolving landscape of corporate sustainability has helped keep…

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Social investment fund tackling UK social inequality hits the £1m mark with latest investments

Stuart Mitchell

A social impact investment fund developed by Big Issue Invest (BIIFM) and UnLtd, has provided a further £500,000 in investment to two social purpose organisations, taking the Fund’s total investments made to £1m. The Growth Impact Fund is a £25m evergreen fund, investing in early and growth stage organisations, delivered by UnLtd: The Foundation for Social Entrepreneurs and BIIFM, to help create a more equitable Britain. The Fund has attracted close to £10 million of capital so far, including grant capital from cornerstone investors Access – the Foundation for Social…

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Prevented Ocean Plastic Southeast Asia Inaugurate New Collection Centre With Global Investment Partners

Stuart Mitchell

Prevented Ocean Plastic™ Southeast Asia (POPSEA) are proud to announce the grand opening of their new collection centre in Jl. Pegangsaan Dua KM. 1, Kelapa Gading, North Jakarta, which is the next step in the company’s mission to set up best-in-class recycling infrastructure in underserved communities across Indonesia.     This latest site has the capacity to process up to 110 tons of plastic waste per month, providing scope for around 30 jobs, and is a direct result of their ongoing partnership with Singapore-based investment management firm Circulate Capital who were there…

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OpenX Teams up with Cedara to Become the First Adtech Platform to Deliver a Complete Programmatic Campaign Emissions Solution

Stuart Mitchell

OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced a milestone partnership with Cedara, the Carbon Intelligence Platform. With this integration, OpenX becomes the first digital advertising company to offer automated emissions measurement on campaigns, reduced campaign emissions, and a custom carbon offset portfolio solution for remaining campaign emissions via Cedara’s platform. By pairing Cedara’s media emissions reduction and offset capabilities with OpenX’s status as the first Net-Zero adtech company, this partnership leads the industry’s sustainability initiative with best-in-class solutions for measuring and reducing emissions both…

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Built environment coalition is backing the European Commission to develop an ambitious Whole Life Carbon Roadmap

Stuart Mitchell

The World Green Building Council (WorldGBC) has convened 41 stakeholder groups and businesses representing over 5,000 built environment organisations to unite in voicing support for the European Commission’s development of a Whole Life Carbon (WLC) Roadmap for the building sector. In an open letter issued today (21 September) to several Directorate Generals in the European Commission, the coalition is calling for an EU Roadmap which takes a holistic approach to tackling WLC in the built environment, which accounts for around 41% of the EU’s total carbon emissions. The letter also…

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